11.07.2011 - Banks lend $1.46 bln to thermal power plant in Vietnam
Twelve foreign banks will join hands to lend more than $1.46 billion to Mong Duong 2 coal-fired power plant in northern Vietnam. POSCO Power , an affiliate of South Korea's POSCO , owns 30 percent of stake in the project and China Investment Corporation has the remaining 19 percent after state coal miner Vinacomin had left the project, the statement said..............................................Full Article: Source
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