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Vietnam Electric Power

VIETNAM
Electric Power
September 13, 2007
Czech CEZ unit signs MOU on $4.5bln plant
Skoda Praha, the engineering arm of Czech electricity maker CEZ signed a memorandum of understanding on Thursday to build a $4.5 billion power station in Vietnam, the company said.

A Skoda spokeswoman said the company would be the general contractor and would cooperate with other Czech and Slovak firms.

Skoda Praha said its counterpart was dominant Vietnamese utility Vietnam Electricity, which was in talks with the state Czech Export Bank on financing. Reuters reports

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