Construction of Vinh Tan 1 thermal plant underway
The Ministry of Industry and Trade (MoIT) on July 18 announced the
start of work on the construction of the Vinh Tan 1 thermoelectricity in
central Binh Thuan province.
The Ministry of Industry and Trade (MoIT) on July 18 announced the
start of work on the construction of the Vinh Tan 1 thermoelectricity in
central Binh Thuan province.
Built in the form of BOT ( build-operation-transfer) by two Chinese companies – the Southern Power Grid Co. and Chinese International Power Co.Ltd.-, and the Vietnam National Coal – Mineral Industries Holding (Vinacomin) Group, the plant is due to be completed within 48 months at an estimated cost of more than 1.75 billion USD.
After 25 years of commercial operation, the plant will be transferred to the Vietnamese Government.
According to Head of the MoIT’s general department of energy Dang Huy Cuong, with an expected annual output of approximately 9.5 billion kWh, the Vinh Tan 1 coal-fired power plant will play an essential role in ensuring electricity supply in southern Vietnam.
The plant is among major projects approved in the master plan for the national grid development through 2020.-VNA
Built in the form of BOT ( build-operation-transfer) by two Chinese companies – the Southern Power Grid Co. and Chinese International Power Co.Ltd.-, and the Vietnam National Coal – Mineral Industries Holding (Vinacomin) Group, the plant is due to be completed within 48 months at an estimated cost of more than 1.75 billion USD.
After 25 years of commercial operation, the plant will be transferred to the Vietnamese Government.
According to Head of the MoIT’s general department of energy Dang Huy Cuong, with an expected annual output of approximately 9.5 billion kWh, the Vinh Tan 1 coal-fired power plant will play an essential role in ensuring electricity supply in southern Vietnam.
The plant is among major projects approved in the master plan for the national grid development through 2020.-VNA
You should also see
Vietnam National Brand Week 2024 opens
The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) opened the Vietnam National Brand Week 2024 in Hanoi on April 16.
See more
Business
Government urged to probe gold traders to prevent possible market manipulation
The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.
Business
Tra Vinh exports organic coconut flower nectar to Australia
The Tra Vinh Farm Co., Ltd (Sokfarm) in the Mekong Delta province of Tra Vinh has successfully exported its first shipment of organic coconut flower nectar products to Australia - the fifth main importer of the locality’s product.
Business
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Business
Central bank to resume gold bar bidding after 11 years
The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
Business
Hai Phong Techfest connects Vietnamese, RoK businesses
The Department of Science and Technology of the northern port city of Hai Phong is organising the International Techfest Connect 5+, a science and technology festival to promote connectivity in the northern coastal region, from April 15-16.
