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Japan bank supports Vietnam's power transmission with 150 million dollar loan
Vietnam Electricity's National Power Transmission Corporation (EVNNPT) will receive a $150 million loan from Japan Bank for International Cooperation (JBIC) through VPBank to support transmission projects and promote renewable energy in Vietnam. VPBank is currently preparing bids for three projects in Dong Nai and Binh Duong provinces, while EVNNPT seeks additional support, needing $700-800 million annually for power grid investments.
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