Brussels, Oct. 10 -- The European Union (EU) has announced a support package worth 430 million EUR (nearly 497.7 million USD) to advance the Bac Ai pumped-storage hydropower project, one of Vietnam's key projects under the Just Energy Transition Partnership (JETP). The announcement was made at the second Global Gateway Forum, held in Brussels, Belgium from October 9 to 10. In his remarks at the event, EU Commissioner for energy Jozef Sikela emphasised that the Bac Ai project serves as a key foundation in the joint efforts of Vietnam and the EU to build a green, stable, and sustainable energy system while attracting private investment and promoting green growth. He affirmed that through the Global Gateway initiative, the EU is turning its ...