(EnergyAsia, January 4 2010, Monday) — The Asian Development Bank (ADB) has approved a proposal to extend a guarantee for a 13-year syndicated loan worth $342 million to state-owned Vietnam Electricity, which will be used to fund urgent transmission and distribution improvements needed to meet rising power demand. This is ADB’s third guarantee operation in…
VIETNAM: ADB guarantees $342 million loan for power sector upgrade programme
Posted on January 3, 2010 by EnergyAsia