PROJECT DESCRIPTION
AFD granted a €74.7 million non-sovereign concessional loan to Vietnam Electricity (EVN), aiming at extending the current Ialy hydropower plant capacity to 1 080MV, thanks to the installation of two additional turbines of 180 MW each. The rest of the project will be financed by EVN and other credit institutions. With no added flooded area, the Ialy hydropower plant extension project aims to take advantage of water overflows to increase electricity production,.