Invested by PetroVietnam, the 1,200 MWLong Phu 1 is the first in the three coal-fueled thermo power plants ofthe Long Phu Electricity Centre built in the Mekong Delta provinceof Soc Trang .
Covering an area of 115 ha, thetwo-turbine plant is expected to use effective andenvironmentally-friendly technologies and materials imported fromIndonesia and Australia .
Speaking at thesigning ceremony, Deputy Minister of Industry and Trade Le Duong Quanghailed the investor’s great efforts in implementing the project.
He asked the investor and the EPC contractor to concentrate allresources, machines and equipment for the implementation of the projectso as to put into operation the first turbine in 2014 and the second oneyear later, thus adding 7.8 billion kWh of electricity to the nationalgrid per year.
According to PetroVietnam, the LongPhu 1 plant has a total investment of nearly 1.9 trillion VND with 30percent sourced from the group’s development investment capital and theremaining coming from loans.
On the same day, thePetroVietnam Construction JSC (PVX) and the PetroVietnam Exploration andProduction Corp. (PVEP) signed in Hanoi a contract to sell the PVEPstake in the PVEP Thai Binh to PVX./.
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