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December 03, 2008


CEZ unit to arrange financing for 3,000 MW plant in Vietnam - Report

Czech daily Hospodarske Noviny reported that Czech power group CEZ subsidiary Skoda Praha plans to arrange financing worth USD 3 billion for a Vietnamese 3,000 MW black coal power plant.

The news paper said that Skoda Praha is considering financing the project with the help of the Czech Export Bank.

A spokeswoman declined to provide details of the project when contacted by Thomson Financial News but said Skoda Praha is planning to send a statement on the deal later today or tomorrow.