Japanese banks will loan the Electricity of Vietnam group (EVN) more than 338.2 million USD to build the Vinh Tan 4 thermal power plant in the central province of Binh Thuan under a contract inked in Hanoi on July 17.
Over 202.9 million USD of the 17-year loan is lent by the Japan Bank of International Cooperation, while the rest comes from the Bank of Tokyo-Mitsubishi.
The construction of the two-turbine 1,200 MW plant, invested by the EVN Power Generation Company 3, was started on March 9 this year.
The plant has a total investment of some 1.8 billion USD and will generate about 7.2 billion kWh per year once fully operational in the third quarter of 2018. Its first turbine is slated to be put into use in the fourth quarter of 2017.
Vinh Tan 4, together with three other plants, forms the Vinh Tan Power Centre – the country’s largest coal-fired power station with a combined capacity of 5,600 MW.
The centre’s operation will serve mainly the southern central and southern regions.-VNA
Over 202.9 million USD of the 17-year loan is lent by the Japan Bank of International Cooperation, while the rest comes from the Bank of Tokyo-Mitsubishi.
The construction of the two-turbine 1,200 MW plant, invested by the EVN Power Generation Company 3, was started on March 9 this year.
The plant has a total investment of some 1.8 billion USD and will generate about 7.2 billion kWh per year once fully operational in the third quarter of 2018. Its first turbine is slated to be put into use in the fourth quarter of 2017.
Vinh Tan 4, together with three other plants, forms the Vinh Tan Power Centre – the country’s largest coal-fired power station with a combined capacity of 5,600 MW.
The centre’s operation will serve mainly the southern central and southern regions.-VNA
