Van Phong 1: A (super)-critical judgement on Japan

In:

Power

Region:

Asia-Pacific

Ross Crear

Reporter

JBIC has claimed Sumitomo Corporation’s ECA-backed loan to finance the $2.8 billion Van Phong 1 coal-fired power project in Vietnam is its last loan for a ‘dirty’ power scheme using supercritical technology. But is this legacy deal the last such coal power project in the Japanese ECA's pipeline?

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