Thai Firm To Build Thermal Power Plant In Quang Tri
By Vietnamplus, August 21st, 2013 The Thai electricity firm Egati will invest in a 1,200MW thermal power plant worth around 2.26 billion USD in the central province of Quang Tri. Chairman of the provincial People’s Committee Nguyen Duc Cuong announced the investor and the Prime Minister’s guidance for the plant on August 21. The plant … Continue reading
Hau River 2 Power Plant To Follow BOT Model
By StoxPlus, August 4th, 2013 The Ministry of Industry and Trade (MoIT) and Malaysian Toyo-Ink Corporation on August 1 signed a Memorandum of Understanding (MoU) on the Hau River 2 thermal power plant, which will be built towards the build-operate-transfer (BOT) model. The plant, which will have a total capacity of 2,000 MW, comprises of … Continue reading
Chinese Plug Into Local Power
By VIR, June 19th, 2013 Chinese investors are getting active in Vietnam’s power sector investment. For example, the Vinh Tan 1 build-operate-transfer (BOT) coal-fired thermal power plant, based in southern Binh Thuan province with 1,200 megawatt annual capacity, is the first Vietnam-based power project with Chinese businesses acting as the project key investors. China Southern … Continue reading
Quang Ninh Electricity Project Meets Milestone
Linh Mai | vir.com.vn | Jan 21, 2013 14:36 pm AES-VCM Mong Duong Power Company Limited last week began the installation of the Unit 2 Steam Drum at its Mong Duong 2 power plant in northern Quang Ninh province, suggesting the construction is nearly two-thirds complete. The steam drum installation is an important milestone … Continue reading
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 … Continue reading
Roundup: Foreign Firms Help Ease Myanmar’s Power Shortage, Develop SEZ
Xinhua, November 2, 2012 Five South Korean companies have recently launched a 500-megawatt (mw) gas-fired combined cycle power plant project in Thakayta township, Myanmar’s Yangon, aimed at fulfilling its power demand in summer of 2014 and supplying electricity to the Thilawa special economic zone (SEZ). The five South Korean companies are Busan Korea Biotechnology Co, … Continue reading
Mitsubishi to Plug Into BOT Power Project
Ninh Kieu | vir.com.vn | Jul 30, 2012 11:31 am Mitsubishi Corporation hopes to nail down a 1,200 megawatt power plant, Vietnam’s fifth foreign-invested build-operate-transfer power project. Hideyuki Nabeshima, senior executive vice president of Mitsubishi Corporation – in a meeting with the Ministry of Planning and Investment last week, said the negotiations for Vung Ang … Continue reading
Vinh Tan 2 Thermo-power Plant Up and Running Next Year
Tuesday, July 24, 2012, 22:06 (GMT+7) By Van Nam – The Saigon Times Daily HCMC – Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Finance to support Vietnam Electricity Group (EVN) in seeking capital for the Vinh Tan 2 thermo-power plant and related power grid works in order to put the first turbine of … Continue reading
Power Investors are Getting Hit by Stealth Land Costs
By Ngoc Linh Rising investment costs are spooking much needed independent electricity producers. Foreign investors building electricity plants under the build-operate-transfer (BOT) model do not need to pay rent on the land that they use or land clearance costs. However, many are being saddled with land and related infrastructure costs for BOT projects. While provincial … Continue reading
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