Planned hydro-power projects postponed

Thursday, Jul 11, 2013 11:34

QUANG NAM (Biz Hub)— Eighteen hydro-power plant projects in central Quang Nam Province have been postponed until 2015.

The reason behind this is a lack of capital, according to local authorities. Meanwhile two additional projects have been scrapped altogether.

The development of these 18 projects is set to continue in two years, providing sufficient investment can be attracted and fit in with local socio-economic planning, according to Director Nguyen Quang Thu of the provincial Industry and Trade Department.

At present, the province has 32 hydro-power plant projects including eight with an operational capacity of over 80 MW.—VNS

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