CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Construction
Over 1.75 billion USD invested to build Vinh Tan 1 thermal plant
Thu Minh 11:03, 2015/07/19
The Ministry of Industry and Trade on July 18 held a ceremony to announce the start of work on the construction of the Vinh Tan 1 thermoelectricity built in the form of BOT (build-operation-transfer).
The Vinh Tan 1 thermoelectricity is built in central Binh Thuan province in the form of BOT (build-operation-transfer) by two Chinese companies – the Southern Power Grid Co. and Chinese International Power Co.Ltd.-, and the Vietnam National Coal – Mineral Industries Holding (Vinacomin) Group.
 
At the ceremony
At the ceremony
The plant is due to be completed within 48 months with an estimated cost of more than 1.75 billion USD. 
After 25 years of commercial operation, the plant will be transferred to the Vietnamese Government. 
Dang Huy Cuong, Head of General Department of Energy under the Ministry of Industry and Trade said, with an expected annual output of approximately 9.5 billion kWh, the Vinh Tan 1 coal-fired power plant will play an essential role in ensuring electricity supply in southern Vietnam. 
The plant is one of key projects approved in the master plan for the national grid development through 2020.
 
TAG:
Comments
Other news
18:30, 2024/11/13
New supply to boost Hanoi retail property market
Hanoi's retail property market continues to show strong growth potential.
11:35, 2024/11/07
Vietnam, China cross-border railway project to start construction in 2025
The project will serve as a vital railway link between Vietnam and China, advancing the Belt and Road Initiative.
20:56, 2024/11/04
Hanoi approves 14 residential projects amid market challenges
The fourth quarter would see increasing supply of new apartments, with around 9,700 units to get launched.
11:34, 2024/10/26
Prime Minister urges quick construction of National Exhibition Center
Once completed, the center is expected to be a venue for major international and regional events.
20:37, 2024/10/16
Hoa Lac Park aims to become “a high-tech hub”
The Hoa Lac Hi-tech Park is being built as an open model and will serve as the core for the transformation of Hanoi into the country's leading hub for innovation.
21:22, 2024/10/01
Hanoi to build a new biotech high-tech park
The HaBiotech is designed to engage in high-tech activities that align with global trends and Vietnam's strategic policies for high-tech development, with a particular focus on biotechnology.