SCIC approved to invest in EVN's electric projects

The State Capital Investment Corporation (SCIC) has been approved to invest in electric-power projects by the Electricity of Vietnam (EVN).

According to a document issued by the Governmental Office, Deputy Prime Minister Nguyen Sinh Hung has approved that SCIC can use its capital to join-invest in electric-power plants by EVN on the principle that EVN and SCIC must hold at least 51% stake in these projects.

SCIC has to be responsible for its selection of ways of investment, investment projects and efficiency as well as.

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