The Bac Ai pumped-storage hydropower project in the south-central province of Khanh Hoa has secured two international loan agreements worth EUR76 million (US$88.2 million) each.

The Vietnam Electricity (EVN) Group has announced that it signed a credit agreement with the French Development Agency (AFD) for a loan worth EUR76 million (US$89.47 million) to implement the Bac Ai pumped-storage hydropower plant (Bac Ai project) in Khanh Hoa province.

VOV.VN - The European Union has announced a EUR430 million support package to ramp up Vietnam’s Bac Ai Pumped Storage Hydropower Project, a flagship initiative under the country’s Just Energy Transition Partnership (JETP).

VOV.VN - The pomelo growing area in Phuoc Binh commune of Bac Ai district, Ninh Thuan province, has been granted a planting area code by the United States Department of Agriculture, enabling it to export the fruit to the US market in the future.

Work started on the Vietnam – Republic of Korea Friendship Village in the mountainous district of Bac Ai, the south-central province of Ninh Thuan on February 23.