Mitsubishi-Kepco invested central Vietnam thermal power plant plans trial run next month
Project developer Vung Ang II Thermal Power LLC (VAPCO) says the first turbine of the $2.4 billion, 1,320-MW Vung Ang II thermal power plant will begin trial operations next month.
The project, located in the central province of Ha Tinh, is invested by One Energy Asia Limited, in which with Japan’s Mitsubishi and Chugoku hold stakes of 40% and 20%, respectively. The remaining 40% stake is held by South Korea’s Kepco.
Work underway on Vung Ang II thermal power plant in Ha Tinh province, central Vietnam. Photo courtesy of Ha Tinh newspaper.
In a recent project report, VAPCO said the first turbine facility has completed installation of its boiler, exhaust gas treatment system, domestic wastewater treatment system, industrial wastewater treatment system, hazardous waste storage and ash-slag storage area.
It said the thermal power plant will utilize a mixture of coal and bitumen imported from Indonesia, Australia and other locations as raw material.
Construction of the project, located at the Vung Ang Economic Zone, began in October 2021 with South Korea-invested Doosan Enerbility Vietnam as general contractor.
The coal-fired power plant project is 75% financed by the Japan Bank for International Cooperation (JBIC).
In June, another report of the project pointed out that the power plant can put its first and second turbines into operation a month ahead of its original plan. The original plan is that the facility could begin commercial operation of its first turbine in July 2025 and then its second in November 2025.
Vung Ang II thermal power plant is one of six under-construction coal-fired plants featured in the national power development plan VIII (PDP VIII). The six plants, also featured in PDP VII, are expected to account for 6,125 MW of the total of 30,127 MW produced by all coal-fired power plants in Vietnam by 2030.
In keeping with Vietnam’s sustainable development growth target, all coal-fired power plants are set to use biomass and ammonia as fuel from 2050. PDP VIII has already discontinued dozens of coal-fired power projects with a combined capacity of 13,220 MW.
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