Central Vietnam's Quang Nam province has announced investments totalling around US$12M as part of an electricity development strategy for 2006-2010, according to the Vietnamese News Agency. Investment projects will include the construction of the A Vuong, Za Hung, Song Con, Song Tranh 1 and Song Tranh 2 hydroelectric power plants.
A new Vietnamese-Chinese joint venture, Vietnam-China Electricity Investment Ltd, became operational in Hanoi on 14 November. The venture, established by the Vietnam Electricity Company 1 and China’s Yunnan Grid Company, will invest in a number of power projects in Vietnam, including the Seo Chong Oy hydroelectric power plant in northern Vietnam. The US$28M plant will have a capacity of 21.4MW and generate 98.5MkWh of electricity each year. It will be completed by the end of next year..
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