Thai Binh Thermo Power plant to be built

The PetroVietnam Power Corporation (PV Power) and the PetroVietnam Construction JSC (PVC) signed an Engineering, Procurement and Construction (EPC) contract on February 28 to build Thai Binh Thermo Power Plant No 2 at My Loc commune, Thai Thuy district, Thai Binh province.

The plant is an important project in the province’s socio-economic development strategy and the country’s common development plan.

Covering an area of 43 hectares, the plant has a design capacity of 12 MW. The first turbine group is expected to begin generating electricity by 2014 while the second turbine group was scheduled for operation in early 2015. Total investment for the project is estimated at more than US$1.6 billion.

After completion, the plant will provide more than 6.7 billion kWh electricity annually.

PVC has involved in many major electricity projects including Nhon Trach power plant No 2, and Vung Ang, Song Hau, Ca Mau and Long Phu power grids and sources. – VOV

Tags:

Posted by VBN on Feb 28 2011. 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

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Gold Ends Higher, Dips On Bernanke Speech
  • Gold up after Bernanke’s dim view
  • Gold gained for the first time in three days after U.S. jobless claims unexpectedly rise
  • Stocks close down from opening highs
  • Investors cautious over economic data
  • Accord to lift gas supply sealed
  • CNPC To Sell Bonds
  • Pang Da’s Shares Tumble On Saab’s Bankruptcy Move

Sponsored

Looking for an overseas forex broker?