Hai Duong thermal-power plant, Vietnam’s largest foreign-invested power project, yesterday broke ground in Kinh Mon District of the northern province of Hai Duong.
The US$2.25-billion project was funded by Malaysia-based JAKS Resources Berhad Group under the Build-Operate-Transfer (BOT) model.
The 300-hectare plant consists of two 600MW-steam turbines with the design capacity of 1,200MW.
Construction work is scheduled to start next June and the first turbine is expected to become operational by the fourth quarter of 2016, while the other by the second quarter of 2017. The plant is expected to supply around 7.8 billion kWh for the northern region on its operation.
The plant will act as an independent power supplier with a 25-year contract with Vietnam Electricity Group (EVN). It will be transferred to the Ministry of Industry and Trade when the contract is due.
The Vietnam National Coal and Mineral Industries Group will be the main coal supplier for the plant’s operation.
Speaking at the ground-breaking ceremony, Deputy Prime Minister Nguyen Thien Nhan said Hai Duong thermal-power plant will make significant contribution to the national power system as well as meet the power need of Hai Duong and neighboring localities.