The Government of Vietnam and the International Partners Group (IPG) have identified 24 energy projects as eligible for support under the Just Energy Transition Partnership (JETP), with an estimated investment need of over USD7 billion.
The announcement was made during a coordination meeting in Hanoi involving Vietnam’s JETP Secretariat, the IPG, and other stakeholders. Three energy projects in Vietnam have secured international financing under the JETP framework. These include a EUR67 million credit line for a 500 kV transmission line passing through Ho Chi Minh City and Dong Nai, a EUR480 million facility for the Bac Ai Pumped Storage Hydropower Project in Khanh Hoa, and a EUR65 million loan for upgrading the Tri An Hydropower Plant in Dong Nai.