Construction of southern Vietnam's first thermal power plant, Vinh Tan2, kicked off on Aigust 8 in Binh Thuan province's Tuy Phong district.
The project is worth 23 trillion VND (1.2 billion USD) and the plant has a designed capacity of 1,244MW.
The Vinh Tan 2 Thermal Power Plant would be one of three plants thatmake up the Vinh Tan Power Centre, General Director of Electricity ofViet Nam (EVN) Pham Le Thanh said.
The plant wouldhouse two 622-MW turbines and consume about 3 million tonnes of coal peryear. When fully operational in June 2014, the plant is expected toproduce 7.2 billion kWh annually.
Eighty-five percent ofthe project's total investment was provided by a preferential loan fromthe China Import-Export Bank and the Chinese Government's officialdevelopment assistance capital. The project's remaining capital wasprovided by the EVN.
Speaking at the ground-breakingceremony, Deputy Prime Minister Hoang Trung Hai said he highlyappreciates the significance of the plant because it will help ensurethe country's energy security, which will enhance the socio-economicdevelopment of the south in particular and of the country in general.
Thanh said the project will be an important supplementary provision ofelectricity that would satisfy the southern key economic region'sincreasing demand, help ease pressure on the North-South transmissionline, and improve the efficiency of the national grid system.
Hai asked the National Coal and Mineral Industries Group to cooperatewith the Ministry of Transport to manage the delivery of coal to theVinh Tan centre.
He requested the project's contractor,Shanghai Electric Group Company Ltd (SEC) of China , to finish theplant on schedule.
Binh Thuan province People's Committeeand local authorities were also asked to finish clearing the site beforeSeptember and to take care of the people whose land is expropriated.
Hai said the Ministry of Industry and Trade will work with relatedagencies to complete contractual negotiations for Vinh Tan 1 and VinhTan 3 as soon as possible./.
The project is worth 23 trillion VND (1.2 billion USD) and the plant has a designed capacity of 1,244MW.
The Vinh Tan 2 Thermal Power Plant would be one of three plants thatmake up the Vinh Tan Power Centre, General Director of Electricity ofViet Nam (EVN) Pham Le Thanh said.
The plant wouldhouse two 622-MW turbines and consume about 3 million tonnes of coal peryear. When fully operational in June 2014, the plant is expected toproduce 7.2 billion kWh annually.
Eighty-five percent ofthe project's total investment was provided by a preferential loan fromthe China Import-Export Bank and the Chinese Government's officialdevelopment assistance capital. The project's remaining capital wasprovided by the EVN.
Speaking at the ground-breakingceremony, Deputy Prime Minister Hoang Trung Hai said he highlyappreciates the significance of the plant because it will help ensurethe country's energy security, which will enhance the socio-economicdevelopment of the south in particular and of the country in general.
Thanh said the project will be an important supplementary provision ofelectricity that would satisfy the southern key economic region'sincreasing demand, help ease pressure on the North-South transmissionline, and improve the efficiency of the national grid system.
Hai asked the National Coal and Mineral Industries Group to cooperatewith the Ministry of Transport to manage the delivery of coal to theVinh Tan centre.
He requested the project's contractor,Shanghai Electric Group Company Ltd (SEC) of China , to finish theplant on schedule.
Binh Thuan province People's Committeeand local authorities were also asked to finish clearing the site beforeSeptember and to take care of the people whose land is expropriated.
Hai said the Ministry of Industry and Trade will work with relatedagencies to complete contractual negotiations for Vinh Tan 1 and VinhTan 3 as soon as possible./.
