IBRD Loan: $100 million
Terms: Maturity = 30 years: Grace = 5.5 years
IDA Credit: $100 million equivalent
Terms: Maturity = 25 years: Grace = 5 years
Project ID: P124174
Project Description: The development objective of the Second Power Sector Reform Development Policy Operation Program for Vietnam is to support the Government of Vietnam in the design and implementation of a competitive market for electricity generation, restructuring of the power sector and reform of electricity tariffs. This will facilitate effective competition, transparency and predictability to encourage investment, and to implement programs and incentives for efficient use of electricity.