Construction of the Bac Ai pump-storage hydropower plant Project Dates: January 2024 - December 2031
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PROJECT OBJECTIVE

Construction of the Bac Ai pump storage hydropower plant of 1200MW - the first pump storage of its kind in Vietnam. The project will be used as reservice capacities for the Vietnamese power system, thus reinforcing its stability, regulating daily loads and supporting the integration of new renewables into the system.

PROJECT DESCRIPTION

                           

SECTORS OR AREAS OF WORK
  1. Renewables
Region/Location
Vietnam
BUDGET

USD 171,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. AFD - Agence française de développement
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
ADDITIONAL INFORMATION

The repayment due date has not been specified. It is expected to extend at least through full operation in 2030. More information, visit https//vepg.vn/resources/vepg-documents/ and the VIRs new release at https//vir.com.vn/bac-ai-pumped-storage-hydropower-plant-to-enter-peak-construction-phase-145913.html

BUDGET

USD 171,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. AFD - Agence française de développement
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE