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Viet Nam: Dakdrinh 125MW Hydropower Plant

Sector: Power Generation (CCGT) • Location: Viet Nam

Source: Asian Infrastructure Investment Bank (AIIB)

Project
Approved

The Project involves the refinancing of the existing debt of the 125MW Dakdrinh Hydropower Plant in Central Viet Nam, majority-owned by PV Power. The hydropower plant has been built and is in operation since 2014. The total Project cost in 2011 was VND5,921 billion (USD280 million), and the Project was partially funded by a USD178 million loan with cover from an export credit agency, and a guarant

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The project “Viet Nam: Dakdrinh 125MW Hydropower Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Viet Nam. Taiyo aggregates data on it from Asian Infrastructure Investment Bank (AIIB).

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Participants

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Status

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approved

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Description

Description

The Project involves the refinancing of the existing debt of the 125MW Dakdrinh Hydropower Plant in Central Viet Nam, majority-owned by PV Power. The hydropower plant has been built and is in operation since 2014. The total Project cost in 2011 was VND5,921 billion (USD280 million), and the Project was partially funded by a USD178 million loan with cover from an export credit agency, and a guarantee by the Government of Viet nam (GoV). The refinancing of the Project involves removal of the sovereign guarantee from the GoV and insurance cover in support of the existing debt financing. The proposed financing involves an AIIB A/B loan of up to USD95 million, with an A Loan facility for AIIB's own account in the amount of USD47.5million million and B-loan participation of USD47.5 million from commercial bank(s).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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