| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 160.00 |
| Borrowing Agency | 120.80 |
| CA- Dept of Foreign Affairs, Trade and Devlp (former CIDA) | 48.70 |
Viet Nam Renewable Energy Accelerating Change
Abstract*
The Renewable Energy Accelerating Change (REACH) Project mobilizes public financing to alleviate grid constraints hampering deployment of VRE. The scope of the proposed project has been crafted to focus on the most urgent transmission and system needs that are complementary to ongoing and planned investments in VRE generation. The electricity grid needs to be upgraded to: (i) sustainably integrate without curtailment existing privately-owned VRE projects... Show More
Development Objective
The development objective is to improve the capacity of the electricity grid to enable integration of variable renewable energy in project areas.
Key Details
Project Details
P174460
Dropped
Chiara Rogate , Hung Tran
Socialist Republic of Viet Nam
January 5, 2021
(as of board presentation)
N/A
N/A
US$ 366.00 million
National Power Transmission Corporation (NPT),Vietnam Electricity
2027
US$ 208.70 million
N/A
November 4, 2022
May 16, 2030
Yes
BEGIN NEGOTIATION
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 160.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 160.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 48.70 |
| Total Project Cost** | 366.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.