Article: VIETNAM: Joint venture construction plans for long-stalled proposed $400,000,000 build-operate-transfer (BOT) power plant project finally move ahead, ELECTRICITE DE VIETNAM (EDV) [Vietnam], ELECTRICITE DE FRANCE INTERNATIONAL (EDFI) [France], SUMITOMO CORP. & TOYO ELECTRIC POWER INTERNATIONAL CO. (TEPCO) [Japan] - Order #: 093801.

PROJECT OVERVIEW:

The Vietnamese government recently approved construction plans for the Phu My 2.2 power plant that was proposed by a French/Japanese joint venture. The partners in the planned undertaking include the local ELECTRICITE DE VIETNAM (EDV), France-based ELECTRICITE DE FRANCE INTERNATIONAL (EDFI), a subsidiary of ELECTRICITE DE FRANCE (EDF), in conjunction with SUMITOMO CORP. and TOYO ELECTRIC POWER INTERNATIONAL CO. (TEPCO) of Japan. As a result, the project developers may now proceed ahead with the completion of the terms of a build-operate-transfer (BOT) agreement with the MINISTRY OF PLANNING & INVESTMENT including a government guarantee on ...

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