China Southern grid to build coal power plant in Vietnam

The National Development and Reform Commission, China’s top economic planner, said Monday it has approved a plan by a consortium led by China Southern Power Grid Corp. to build a coal-fired power plant in Vietnam.

The NDRC didn’t provide further details.

The state-controlled China News Service reported previously that the plant, to be located in southern Vietnam’s Binh Thuan province, will have two generators each with an annual power generating capacity of 600,000 kilowatts. The first generator is expected to come online in 2014.

The $1.75 billion project will be China’s largest investment in Vietnam and Chinese banks will provide funding, according to the report. – NASDAQ

Tags: China Southern Power Grid Corp

Posted by VBN on Sep 8 2010. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry