PV Power approves plan to build Nhon Trach thermal power plants

The PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhon Trach 3 and 4 thermal power plants with combined capacity of between 1,300-1,760 MW.

Monday, June 15, 2020 11:29

PV Power approves plan to build Nhon Trach thermal power plants ảnh 1

Illustrative image (Source: VNA)

Hanoi (VNA) – The PetroVietnam PowerCorporation (PV Power) has approved an investment plan to build Nhon Trach 3and 4 thermal power plants with combined capacity of between 1,300-1,760 MW.

The plants will be constructed in the southernprovince of Dong Nai with an estimated investment of over 32.48 trillion VND(1.39 billion USD).

In February 2020, PV Power signed a letter of authorisationwith its foreign partners – Citibank and Ingbank – to arrange capital for theproject.

The company also inked a contract with the PetroVietnamGas Joint Stock Corporation (PV Gas) to provide and sold liquefied natural gas(LNG) for the project in mid-2019.

The construction of the plants is scheduled tocommence in the second quarter of 2021./.

VNA

#PetroVietnam Power Corporation (PV Power) #hon Trach 3 and 4 thermal power plants #Vietnamplus #Vietnam News Agency

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