The Vietnam National Coal and Mineral Industries Group (Vinacomin) on April 12 held a ceremony in northern Quang Ninh province to launch Mao Khe thermoelectric power plant, one of the country’s key projects for stable power supply.
Covering a total area of nearly 73 hectares, the 440 MW plant has a total investment of over 9.3 trillion VND (442 million USD), sourced from the Import-Export Commercial Joint Stock Bank (Eximbank) of Vietnam, the Export-Import Bank of China, the Bank of China and Paris-based BNP Paribas.
Two of the plant’s turbines are currently operating at their intended capacity, generating 1.2 billion kWh, helping offset possible power shortages during this year’s dry season.
The plant is expected to add about 2.86 billion kWh to the national power grid every year, serving the country’s socio-economic development and creating jobs for local residents.-VNA