6:14 PM, 07/10/2013

ADB funds Hatxan-Pleiku power line project

VGP – The PM has approved the 500kV Hatxan – Pleiku power transmission line project, which is sponsored by the Asian Development Bank (ADB).

Total investment for the project is US$95.471 million, of which US$79.17 million is covered by Official Development Assistance (ODA) loans.

The Ministry of Industry and Trade will implement the project within two years from 2013-2014 in the Central Highlands provinces of Kon Tum and Gia Lai.

The project is aimed at transporting 80% of the low-cost electricity imported from the South of Laos and the northeast of Cambodia to Viet Nam.

It is expected to provide high-quality and safe electricity for the country and the Central Highlands, creating a premise for connecting three nations’ electricity systems.

By Thuy Dung

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