L10: A new contract

LILAMA 10 Joint Stock Company (LILAMA 10., JSC) has informed of a new contract as follows:

On September 9th 2008, the company signed the E1 contract of supplying equipment to the project of Nam Cong 3 hydropower with another contractor as YUNHE-VEIC whose representative is Chongping Yunhe Hydropower Group Corporation. Total value of the E1 contract is USD2,619,715. This is the main contract of the Nam Cong 3 hydropower project.

The Nam Cong 3 hydropower is to supply electricity to the National Grid with the average output of 35.5 million kWh per year. Total investment cost is VND170 billion. The investment owner is LILAMA10. The Nam Cong 3 hydropower is located at Huoi Mot Commune, Song Ma Dist., Son La Province. It is expected to put into operation in Q3/2009.

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