Construction of the Bac Ai pump-storage hydropower plant

Project Dates: January 2024 - December 2030

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

Renewables

Region/Location

Vietnam

BUDGET

USD 171,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)

AFD - Agence française de développement

IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE

Financial Assistance

GOVERNMENT PARTNER

Vietnam - EVN - Vietnam Electricity

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/ and the VIRs new relaease at https//vir.com.vn/bac-ai-pumped-storage-hydropower-plant-to-enter-peak-construction-phase-145913.html