Singapore-based Sembcorp firm to build 1,200 MW thermal power plant in Vietnam

By Vinacomin, September 19th, 2013

General Department of Energy under the Ministry of Industry and Trade (MoIT) and Sembcorp Co (Singapore) on September 11 signed a memorandum of understanding (MoU) to jointly develop BOT (build-operate-transfer) Dung Quat thermo power plant project.

Addressing at the signing ceremony, the head of general Department of Energy, Pham Manh Thang, said that Dung Quat thermo power plant with a total investment of nearly $2 billion and designed capacity of 1,200 MW will be built in the Binh Son district in the central province of Quang Ngai. The plant with two turbines of 600 MW each is expected to provide about seven billion kWh/year.

According to Thang, the project has been approved by the government to be added in the Power Planning VII and Sembcorp Co (Singapore) was assigned to be the investor to develop the project in May 2013.

Thang stressed that this imported coal-fuelled thermo power project plays an important role in ensuring the power supply to economic development, contributing to ensuring the national energy security in the years to come.

According to general Department of Energy, effectuating the direction from the prime minister and MoIT, after four months of preparation and development of the project together with the negotiations for the contents in the MoU, so far, the MoU negotiation between the general Department of Energy and Sembcorp has come to an end.

As expected, the first turbine will be in commercial operation in September 2020 and the whole plant will be in commercial operation in March 2021.

Advertisements

Comments are closed.

%d bloggers like this: