Issues relating to𒁃 cooperation in financial arrangement, project implementation were exchanged and discussed during the meeting. However, the fol🌠lowing issues were particularly highlighted:

- Extension of the cꦅlosing date of Northern Power Transmission Expansion Sector Project – Loan 2225-VIE;

 - Eligibility of Bidders, pending issues and solutions for procurement works﷽ ☂of projects funded by ADB.

- Enhancement of implementing and monitoring capacity the compliance with environmental and resettlement safeguards of EVNNPT.

- Coordination 🍨with the Government of Laos, Electricity du Laos and ge♓neration investor in Laos territory to reach the synchronizing with  the  500kV Hatxan - Pleiku transmission line.

-Potential for further cooperation.

 
With insight, sharp analysis capabilities and convincing evidence providing, the delegation has brought great success with the most important mark was the approval in principle by ADB for a 6-month extension of loan 2225 -VIE (up to 30 June, 2013) to let EVNNPT completing involved works. According to ADB’s regulations, each loan can be extended only  01 time (Loan 2225-VIE has expired since 31 December, 2010, and was extended for another 3 years until 31 December, 2013) and no precedent from ADB side that allows other loans to be extended to the 2^nd time.

The objective of this extension is to serve the completion of 03 new added subprojects to the loan which approved by ADB by the end of 2011. These 03 new subprojects were  included to take advantage of the saving after bidding along with the balance of $ 15 million due to the decrease in LIBOR 2% in 1st half of 2005 (the time of signing the loan agreement) to 0.9% in 2^nd half of 2012 and has been approved for EVNNPT to purchase spare parts from December 2012.

With the successful convincing ADB to extend the loan for another 06 months, EVNNPT can complete all subprojects under Loan 2225-VIE as well as take full advantage of preferential loans for the investment, construction of transmiꦜssion grid and meet the power requirements of the economy.