Power plant in vietnam

S.Korea Taekwang to Build $4.5B Power Plant in Vietnam Northern Province Taekwang Vina Industrial Co., Ltd has received an approval from the Vietnamese government to build a coal-fired power plant worth $4.5 billion in the northern province of Nam Dinh. Taekwang Vina will contribute 95% of the plant’s total investment and its Vietnamese partner – Hashinco the remaining. The plant will be built under the form of Building-Operation and Transfer (BOT) on a 251-hectare area in Hai Hau district. The plant will have a capacity of 1,200 MW in the first phase ending in 2017 and its capacity will be raised to 2,400 MW in the second stage ending 2021. The Korean firm will operate the plant within 25 years and earn $25 billion, said Park Yoen Cha, Taekwang’s director. (Pioneer) more news … [Read more...] about S.Korea Taekwang to Build $4.5B Power Plant in Vietnam Northern Province

Korea Taekwang Okayed to Build US$4.5B Power Plant in Vietnam Vietnamese Deputy Prime Minister Hoang Trung Hai has given a nod to Taekwang Vina Industrial Co., Ltd to build a coal-fired power plant worth US$4.5 billion in the northern province of Nam Dinh. Taekwang Vina will contribute 95% of the plant’s total investment and its Vietnamese partner – Hashinco the remaining. The plant will be built under the form of Building-Operation and Transfer (BOT) on a 251-hectare area in Hai Hau district. The plant will have a capacity of 1,200 MW in the first phase ending in 2017 and its capacity will be raised to 2,400 MW in the second stage ending 2021. The Korean firm will operate the plant within 25 years and earn US$25 billion. (vnexpress.net) more news … [Read more...] about Korea Taekwang Okayed to Build US$4.5B Power Plant in Vietnam

Foreign Investors to Build 900-MW Wind, Solar Power Plant in Vietnam Foreign investors, including Siemens AG of Germany, Enfinity Group of Belgium, and JPMorgan Chase of the U.S. are seeking a suitable position to build a 900-MW wind and solar power plant in Vietnam’s central province of Khanh Hoa. The foreign firms plan to invest US$2.4-billion in the project, the Vietnamese Ministry of Industry and Trade said on Jun 7. Currently, those investors are conducting surveys on five areas in Van Ninh and Cam Lam districts and Cam Ranh Township to prepare for the project. Vietnam boasts a huge potential to develop solar and wind energies. The country has up to between 2,000 hours and 2,500 hours of sunshine a year while as much as 8.6% of its total area is suitable for developing wind energy. (Trade & Industry) more news … [Read more...] about Foreign Investors to Build 900-MW Wind, Solar Power Plant in Vietnam

Korea Doosan Wins $3B Contract to Build 2 Coal-fired Power Plants in Vietnam Doosan Heavy Industries and Construction of South Korea has acquired a contract worth $3 billion to build two coal-fired power plants with a combined capacity of 2,400 MW in Vietnam. The final agreement on the plants will be signed in the second half of next year between Doosan and the state-run Vietnam National Coal-Mineral Industries Group (Vinacomin). The Korean firm will build a 1,200-MW plant in Quynh Lap district of the central province of Nghe An and another one in Long Phu district of the Mekong Delta province of Soc Trang. Earlier, Doosan signed a $1.2-billion contract to build the 1,200-MW Mong Duong 2 coal-fired power plant in the northern coal hub province of Quang Ninh. Vietnam estimates it needs $120 billion to build power plants in the next ten years. The country is forecast to face a power shortage of between 400 million kWh and 1.4 billion kWh in the first half of next year. … [Read more...] about Korea Doosan Wins $3B Contract to Build 2 Coal-fired Power Plants in Vietnam