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FINANCIAL NEWS
Saudi ACWA involves in USD2b project in Vietnam
22 Jun 2014
(MENAFN) A consortium including Saudi-based ACWA Power and Taekwang Power Holdings Company Limited of Korea, has signed a deal to develop a power project worth USD2 billion in Vietnam, according to Arabian Business.
The consortium will develop the Nam Dinh 1 IPP Project, a 1200MW coal fired power plant located in Hai Hau District, 150km from Hanoi.
The project is expected to cost as much as USD2 billion and will be developed on a build, own, transfer (BOT) basis.
The buyer of power from the project will be Electricity of Vietnam (EVN), the government owned national utility.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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