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First foreign-funded power project in North Vietnam inaugurated

The Lao Cai Renewable Energy JSC (LCRE) on June 8 inaugurated t he Coc San hydro-electricity plant, the first foreign-funded power project in North Vietnam.
First foreign-funded power project in North Vietnam inaugurated ảnh 1Opening ceremony of Coc San Hydropower plant ( Source: VOV)

Lao Cai (VNA) – The Lao Cai Renewable Energy JSC (LCRE) on June 8 inaugurated t he Coc ไSan hydro-electricity plant, the first foreign-funded power project in North Viet🍬nam.

Located in Bat Xat and Sa Pa districts in the northern mountainous province of Lao Cai, the 29.7 MW plant was built at a cost of 50 million USD invested by Infraco Asia, a Singaporean-based company . All the three turbines of the plant were connected to the national grid on April 29, expected to contribute 120 million kWh of electricity annually. The plant is offering 130,000 locals access to sustainable power at affordable costs. Vietnam’s demand for electricity grows about 15 percent on an annual average, with hydropower accounting for 44 percent of the national electricity output.-VNA
VNA

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