The Vietnam Electricity (EVN) August 8 organized a ceremony to set off construction of Vinh Tan 2 thermal power plant, which will generate about 7.2 billion kwh each year to become the country largest one in terms of capacity, in the central province of Binh Thuan. Capital totaling nearly VND23.5 trillion (US$1.2 billion) will be spent to build Vinh Tan 2 in Tuy Phong District. The plant's two engine units will be operational by the end of 2013 and by the middle of the following year, respectively. Speaking at the ceremony, Deputy Prime Minister Hoang Trung Hai said that it is one of the key national projects for the 2011-2015 phase, marking a new developmental step in the progress of Vietnam's electricity industry. The same day, construction of Tan My irrigation system also began in the neighboring province of Ninh Thuan. The Ministry of Agriculture and Rural Development invests in the project with VND3.8 trillion (US$200 million) from the Government's bonds. After completion … [Read more...] about VN largest thermal power plant breaks ground in Binh Thuan
Thermal power plants
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
Creating favorable conditions to promote the progress of Van Phong Thermal Power Plant 1
That was the content that Mr Nguyen Chien Thang- Deputy Secretary of Khanh Hoa Provincial Party Committee, Chairman of Khanh Hoa People's Committee exchanged in the meeting with the leaders of investors including Sumitomo Corporation (Japan) and Ha Noi Investment Construction JSC (Hanoinco) on the progress of Van Phong Thermal Power Plant 1 project in Ninh Phuoc Commune (Ninh Hoa town, Khanh Hoa province in the Van Phong economic Zone) on the afternoon of May 16th 2013. At the meeting, the representatives of the investor said that at the present the project of Van Phong Thermal Power Plant 1 was accepted to continue implementing the project under BOT by the Government and Ministry. Sumitomo Corporation is negotiating urgently BOT contract with the Ministry of Industry and Trade. It is expected to sign BOT contract in the first quarter of 2014 and on the second quarter of 2014 the procedure will be completed, getting the investment certificate and establishing the company on July … [Read more...] about Creating favorable conditions to promote the progress of Van Phong Thermal Power Plant 1
Contract signed for Mong Duong 1 Thermal-power plant
Nhan Dan - The Vietnam Machinery Installation Corporation (LILAMA) and Hyundai Engineering and Construction Co., Ltd. (HDEC) from the Republic of Korea, signed a machinery manufacturing and installation contract in Hanoi on December 14 for Mong Duong 1 Thermo-power project. … [Read more...] about Contract signed for Mong Duong 1 Thermal-power plant
Vietnam firms team up to build new thermal power plant
State-owned Vietnamese engineering firm Lilama has tied up with two other companies, including a foreign joint venture, to build a thermal power plant in the central Ha Tinh province. Lilama signed an agreement with the Refrigeration Electrical Engineering Corp. and OneEnergy Limited, a joint venture between Hong Kong's CLP Holdings and Japan's Mitsuibishi Corp, to set up the Vung Ang 2 Thermal Electricity Joint Stock Company which will build the plant. It has a chartered capital of VND3.2 trillion (US$200 million). … [Read more...] about Vietnam firms team up to build new thermal power plant