KHP: BOD approves to sign loan contract

On December 14, 2018, the Board of Directors of Khanh Hoa Power Joint Stock Company (KHP) approved the following loan contracts:

1. Approving the credit limit of VND45,700,000,000 at VietcomBank, VietinBank, BIDV and AgriBank for purchasing electronic meters and remote measuring equipment in 2018.

-    Loan period: 05 years

-    Grace period: 01 year

-    Bidder: Viet Nam Export Import Joint Stock Commercial Bank (EximBank).

2. Approving the credit limit of VND237 billion at VietcomBank, VietinBank, BIDV and AgriBank for construction investment and purchasing equipment to serve the production in 2018.

-       Loan period: 10 years

-       Grace period: 01 year

-   Bidder: Agribank – Khanh Hoa Branch, EVN Finance and Military Commercial Joint Stock Bank (MBBank) - Khanh Hoa Branch.

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