The list of thermal power plants in Vietnam having investment capital from China will be extended once Chinese investors are approved to take over Long Phu III thermal power plant located in the Mekong Delta province province of Soc Trang. CSG is one of potential investor for Long Phu III thermal power plant. Source: vneconomy.vn The Ministry of Industry and Trade (MoIT) is collecting opinions from the local authorities on transferring Long Phu III thermal power plant from PetroVietnam to interested Chinese investors. According to MoIT, after the prime minister approved transferring the above thermal power plant from PetroVietnam to other partners, two Chinese investors expressed interest in taking over the project. The first one is China Southern Power Grid Co., Ltd. (CSG). It is the investor of the $1.75 billion Vinh Tan 1 thermal power project. The second one is a joint venture of five Chinese firms, including Zhejiang Energy International Limited and WIN Energy Joint … [Read more...] about Chinese investors to take over PetroVietnam’s power plant
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Howden to supply equipment for thermal power plants
Howden to supply equipment for thermal power plants Van Nam By Van Nam - The Saigon Times Daily HCMC – The UK-based Howden Group is negotiating with Vietnamese partners to supply equipment for three thermal power plants, which are 1,200-MW Vung Ang 2, 600-MW Thai Binh 1 and 1,200-MW Nghi Son 2. Ken Robinson, global sales director of Howden, said at the opening of a representative office in HCMC this Tuesday that the value of each package supplying equipment for the thermal power plants is around US$30 million. The negotiation between Howden and Vietnamese partners is expected to conclude this year. Howden has supplied heat-radiating fans for some big coal-fired thermal power plants such as Mong Duong 2, Vung Ang 1, Nghi Son 1, Vinh Tan 1 and Thai Binh 2, all of which have a capacity of 1,200 MW each. With the Government’s target of developing coal-fired power plants having total capacity of 36,000 MW until 2030, Howden will have a good chance to supply equipment for … [Read more...] about Howden to supply equipment for thermal power plants
Coal-run thermal power plant slated for Soc Trang province
VietNamNet Bridge - Despite a warning about coal depletion in Vietnam, the Indian-owned Tata Group still plans to set up a coal-run thermal power plant in Soc Trang province in Vietnam, capitalized at $1.8 billion. The Long Phu 2 thermal power project, expected to be implemented under the mode of BOT (build-operate-transfer) was mentioned by Vietnamese Prime Minister Nguyen Tan Dung at a press conference held after a talk with Indian Prime Minister Narendra Modi some days ago. If the project is developed as planned, it will be the largest Indian investment in Vietnam and the largest foreign-invested project in the Mekong River Delta. Long Phu 2, with the designed capacity of 1,320 MW, is expected to become operational by 2019. It would be one of three power plants in Soc Trang. Tata Group, the investor of Long Phu 2, is a familiar foreign investor in Vietnam. It had once planned to develop a $5 billion steel complex project in Ha Tinh province, but later gave up the project due … [Read more...] about Coal-run thermal power plant slated for Soc Trang province
Long Phu 2 power plant to use imported coal
Long Phu 2 power plant to use imported coal Le Anh By Le Anh - The Saigon Times Daily HCMC – India-based Tata Power Company plans to use coal imported from Indonesia and Australia to operate Long Phu 2 thermal power plant in the Mekong Delta province of Soc Trang’s Long Phu District. Speaking to the Daily last Thursday, Nguyen Nhat, director of the Vietnam Maritime Administration, said that the plant will run on imported coal which will be transported by large vessels of over 100,000 DWT. Nhat, referring to a report from the investor sent to the administration, said that coal may be transported to a port in Ba Ria-Vung Tau Province or other ports before being carried by small ships or barges along the Hau River to the plant. The Government earlier allowed Tata Power to invest in Long Phu 2 thermal power plant under the build-operate-transfer (BOT) model. The plant has a total capacity of 1,200 MW. Long Phu 2 thermal power plant is expected to be operational in 2018. … [Read more...] about Long Phu 2 power plant to use imported coal
Indian firm to invest in Vietnam’s $1.8-bln thermal power plant project
Tata Power Co. Ltd, Indian's largest integrated power company, beat competitors from South Korea and Russia to sign a contract worth US$1.8 billion to invest in a thermal power project in Vietnam's Mekong Delta province of Soc Trang. According to a June 7 report on Indian news website Live Mint, when completed, the Long Phu 2 thermal power plant will be the largest project that India has ever invested in Vietnam. "Tata Power has been awarded the Long Phu 2 project by the government of Vietnam based on pre-feasibility studies. The capacity is 1,200 megawatts as per the master plan. Tata Power is pursuing further steps including formalizing a memorandum of understanding," the report quoted the company as saying. Construction of the plant is expected to start in 2019. Charan Wadhva, an economist with the Centre for Policy Research in New Delhi, was quoted by Live Mint as saying: "This is a milestone in a way for India." "The Tata group is India's No. 1 multinational company; they … [Read more...] about Indian firm to invest in Vietnam’s $1.8-bln thermal power plant project