EVN Hanoi needs over 17tr dong investment capital

News - EVN Hanoi Corporation has demanded over 17 trillion dong in 2012 and following years, including almost 1.611 trillion dong needed for the next year. Actually the corporation is able to arrange only 12.442 trillion dong of the amount, the local channel VOV reported, citing the firm's deputy general director Vu Quang Huy.

In the period of 2011 to 2015, the capital balance of EVN Hanoi in comparison with planned investment demand is 4.562 trillion/17.003 trillion dong. For national works alone in 2011-2012, EVN Hanoi could manage only 838.4 billion dong among the need of 1.946 trillion dong.

EVN Hanoi would like to get better conditions to borrow ODA and soft loans to deal with capital difficulty, Huy said.

Also, construction investment of EVN Hanoi faced some hardships in fields of seeking locations to build electrical substations and compensating for ground clearance.