PROJECT DESCRIPTION
The project supports the borrower, Phu Yen Joint Stock Company, to operate a 257-megawatt (MW) solar photovoltaic power plant and its associated facilities in Phu Yen Province, Viet Nam. The Asian Development Bank (ADB) financing will meet the borrower's requirements for longer-tenor United States (US) dollar-denominated project financing, which local financial institutions are unable to provide.
ADDITIONAL INFORMATION
The implementing agency is Phu Yen TTP Joint Stock Company.
The government partner is not available and the project end date is set as 31/12/2050 indicating that the project is ongoing but the timeline cannot be specified due to confidentiality.
More information at https//www.adb.org/projects/53270-001/main