Sumitomo to Build Major Coal-plant

HCM CITY (VNS)— Japan-based Sumitomo Corporation has applied for an investment licence to build a coal-fired thermoelectric plant in the central province of Khanh Hoa, which would become the largest of its kind in Viet Nam.

The 1,320 MW plant would be erected in the Van Phong Economic Zone in Ninh Hoa Town, Ninh Phuoc Commune. Its construction would cost US$2 billion under a build-operate-transfer (BOT) contract with a 25-year term, according to the zone’s management board.

The first turbine is expected to begin generating power in 2017, with a second one to be added a year later. The plant will supply power to Electricity of Viet Nam (EVN), using coal imported from Australia and other countries, the board said. — VNS

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