Company PECC2 of Electricity of Vietnam Group and Malaysia-based Toyo Ink Group signed a contract in Ho Chi Minh City on January 11 to provide consultancy for drafting the Song Hau 2 Thermo-Power Plant project.
The signing was a follow-up to Memorandum of Understanding between Toyo Ink and PECC2 in 2009.
Located at Song Hau Power Centre in Chau Thanh district of the southern Hau Giang province, the plant will have a designed capacity of 2,000 MW annually, once put into operation by 2018.
Toyo Ink, a Malaysia-based multi-sectoral group, has paid special attention to Vietnam’s electricity sector and was permitted to invest in the Song Hau 2 Thermo-Power Plant project by the Vietnamese Government.
PECC2, Power Engineering and Consulting Joint Stock Company 2, is one of the leading energy industry consultancy companies in Vietnam, specialising in providing consultancy services and design surveys for hydropower and thermo-power projects.
In the next decade, the electricity sector will build 95 power plants, with a total capacity of 50,000 MW and investment capital of $39.58 billion.