$2.8 bln thermal power plant set for National Day inauguration

By Truong Van
Tue, August 23, 2022 | 1:54 pm GTM+7

Work on the foreign-invested Nghi Son 2 thermal power plant in Thanh Hoa province has been completed.

The 1,200MW Nghi Son 2 thermal power plant in Thanh Hoa province, central Vietnam. Photo courtesy of Thanh Hoa newspaper.

The 1,200MW Nghi Son 2 thermal power plant in Thanh Hoa province, central Vietnam. Photo courtesy of Thanh Hoa newspaper.

Provincial authorities and three developers - Korea Electric Power Corp. (Kepco), Marubeni and Tohoku Electric Power - plan to inaugurate the 1,200MW plant on September 2, Vietnam’s National Day.

Kepco contributed half of the project investment, while the figure for Japanese companies Marubeni and Tohoku is 40% and 10%, respectively.

Construction of the project in Nghi Son Economic Zone, which is also home to the $9-billion Nghi Son Refinery and Petrochemical complex, one of Vietnam’s two operational oil refineries, began in 2018.

Its developers had said the power plant would use cutting-edge technologies to ensure productivity and cut coal losses and emissions. As a build-operate-transfer (BOT) project, the plant will be transferred to state utility Vietnam Electricity (EVN) 25 years after operation.

Thanh Hoa officials and representatives of project developers inspect the site to hold the September 2 inauguration ceremony of the Nghi Son 2 Thermal Power Plant, August 22, 2022. Photo courtesy of Thanh Hoa newspaper.

Thanh Hoa officials and representatives of project developers inspect the site to hold the September 2 inauguration ceremony of the Nghi Son 2 Thermal Power Plant, August 22, 2022. Photo courtesy of Thanh Hoa newspaper.

The new facility, with two 600MW generators, and the operational 600MW Nghi Son 1 Power Plant are part of the Nghi Son Power Center, an energy complex ensuring electricity supply for the central province and nearby areas.

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