Bank of China disbursed the first withdrawal for An Khanh thermal power plant no. 1 project

09:35, 12/01/2013

On January 5th, 2013, Bank of China implemented disbursement of the first withdrawal amount for An Khanh thermal power plant no.1 Project valuing atUSD 39,355,000. This credit amount is included in the facility of USD 143,055,000 which Bank of China committed to finance for An Khanh thermal power plant no.1 project; duration of borrowing and repayment is 13 years, in which 3 years of grace period.

With the credit amount of USD 25,000,000 disbursed by BIDV and self – financing capital of An Khanh Electricity JSC equivalent to 20% of total investment capital, An Khanh Electricity JSC has actively cooperated, supervised and urged EPC general contractor as well as contractors of producing, supplying boiler, turbine, measurement equipment, items outside the fence…to ensure the progress of constructing and generating power in 2014.