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French firm to invest 4 bln USD in electricity plant construction in Vietnam
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14:07, September 25, 2007

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A French electricity firm, the Electricite de France (EDF), has planned to invest some four billion U.S. dollars in building a coal-fired electricity plant with total capacity of 3,600 MW in Vietnam, local newspaper Pioneer reported Tuesday.

The construction has been licensed by the Vietnamese government, the paper quoted Director of the EDF Vietnam Yves Desbazcille as saying.

EDF has recently surveyed the Song Hau Industrial Park in southern Hau Giang province to find a suitable location for the future plant.

Vietnam's electricity demand is estimated to annually grow 10- 15 percent in the 2007-2010 period, so the country needs 20 billion dollars from now to 2010 to implement electricity production, transmission and distribution projects, according to the country's biggest power producer and sole distributor EVN.

Source: Xinhua

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