Advertisement

China's $500M deal to sell Vietnam power

SHANGHAI, Nov. 9 (UPI) -- China has agreed to supply Vietnam with electricity for the next 10 years in a deal worth more than $500 million.

The China Southern Power Grid Co. will supply 1.3 billion kilowatt hours of electricity to the Vietnam National Power Corp., the Shanghai Daily reported Wednesday.

Advertisement

The electricity will go to six Vietnamese provinces for annual revenues to CSPG of more than $50 million per year.

Latest Headlines

Advertisement

Trending Stories

Advertisement

Follow Us

Advertisement