Vietnamese, Chinese companies build coal-fired power plant

The Vinh Tan 3 Energy Joint Stock Company (VTEC) has teamed up with the Chinese Harbin Electric Company in building the 2.7 billion USD Vinh Tan 3 coal-fired thermal power plant in the southern province of Binh Thuan.
The Vinh Tan 3 Energy Joint Stock Company (VTEC) has teamed up with the Chinese Harbin Electric Company in building the 2.7 billion USD Vinh Tan 3 coal-fired thermal power plant in the southern province of Binh Thuan.

At a contract-signing ceremony in Hanoi on October 14, Hoang Quoc Vuong, Chairman of the Vietnam Electricity (EVN) said the plant will consist of three turbine groups with a capacity of 1,980 MW.

The plant will use imported coal for generating over 12 billion kWh a year, which will considerably help the southern region ease power shortage.

Construction, which costs 1.14 billion USD, will start in the third quarter of 2014 and the plant’s first turbine is expected to generate electricity by 2018, he said.

Established in 2009, VTEC – the project developer, is partnered by EVN, One Energy Ventures Ltd and he Thai Binh Duong Company.-VNA

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