World Bank, Vietnam sign 500 million USD loan to improve energy efficiency

(VOVworld) - The State Bank of Vietnam and the World Bank signed a 500 million USD loan to support Vietnam’s energy sector.

World Bank, Vietnam sign 500 million USD loan to improve energy efficiency  - ảnh 1

The investment will fund construction of over 1,000 kilometers of transmission lines and implement Smart Grid technologies to improve the reliability and quality of the electricity supply.  The loan targets key economic development areas where transmission overloads are already present or are expected in the very near term.

Feedback

Others