Vung Ang 1 thermal power plant’s first turbine resumes operation

By Truong Hoa, Huong Dung
Mon, August 14, 2023 | 3:59 pm GMT+7

The 1,200 MW Vung Ang I thermal power plant in the central province of Ha Tinh has resumed operating its first turbine after a two-year disruption caused by technical problems.

A representative of the plant, invested in by the Ha Tinh Petrovietnam Power Company - a subsidiary of the Petrovietnam Power Corporation (PV Power), said Sunday that the turbine officially resumed operations Saturday evening and was running smoothly beyond its designed capacity of 600 megawatts.

The turbine was shut down in September 2021 because of technical problems that prompted an overhaul by hundreds of engineers with more than 10 domestic contractors as well as dozens of foreign experts.

“The timely resumption of the turbine is a good sign, meeting the urgent demand for electricity in the current period,” said the source who did not want to be named.

Engineers and technicians repair the first turbine of the Vung Ang 1 thermal power plant in Ha Tinh province, central Vietnam. Photo by The Investor/Truong Hoa.

Engineers and technicians repair the first turbine of the Vung Ang 1 thermal power plant in Ha Tinh province, central Vietnam. Photo by The Investor/Truong Hoa.

Vung Ang 1 is the largest coal-fired power plant in the central region, consisting of two 600-MW turbines.

Located in Ha Tinh province’s Ky Anh town, the power plant had an initial investment capital of VND22.25 trillion ($976.8 million), which was raised to VND33.57 trillion ($1.47 billion) by April 2016.

The plant had its first turbine enter commercial operations on December 31, 2014 and its second on May 12, 2015.

From January 1, 2015 to June 30, 2022, the plant generated 38.91 billion kWh, aiding electricity supply in the northern region.

It generated 538.6 million kWh and consumed 243,000 tons of coal in the first two months of this year, reaping revenues of VND1.04 trillion ($44.01 million), according to its investor PV Power.

Thermal power remained the biggest power source in Vietnam in the first two months of this year, with 16.47 billion kWh, or 42.7% of a total of 38.61 billion kWh, according to state utility Vietnam Electricity.

Other key electricity sources were hydropower with 10.57 billion kWh, or 27.4% of the total; gas-fired electricity with 4.32 billion kWh, or 11.2%; renewable energy (solar and wind power) with 6.45 billion kWh, or 16.7%; and imported electricity with 735 million kWh, or 1.9%.

Comments (0)
  • Read More
Major industrial park developer Kinh Bac suffers setback with $3 mln Q1 loss

Major industrial park developer Kinh Bac suffers setback with $3 mln Q1 loss

Vietnamese industrial park developer Kinh Bac Urban Development Corporation recorded Q1/2024 losses of VND76.7 billion ($3 million), a setback considering its annual profit target of VND4,000 billion ($157.8 million).

Industrial real estate - Wed, May 1, 2024 | 3:51 pm GMT+7

Founder of Vietnam’s ACB bank passes away

Founder of Vietnam’s ACB bank passes away

Asia Commercial Bank founder Tran Mong Hung, father of the current chairman Tran Hung Huy, passed away Thursday. He was 72.

Banking - Wed, May 1, 2024 | 3:37 pm GMT+7

Singapore Management University opens office in HCMC

Singapore Management University opens office in HCMC

Singapore Management University (SMU) has chosen to open a representative office in Vietnam after Indonesia and Thailand as part of its vision to 2025.

Companies - Wed, May 1, 2024 | 3:18 pm GMT+7

Exhibition displays 300 artefacts of Dien Bien Phu Campaign

Exhibition displays 300 artefacts of Dien Bien Phu Campaign

The thematic exhibition named "Dien Bien Phu Victory - An Eternal Epic" showcases some documentaries and artefacts for the first time to the public about Dien Bien Phu Campaign.

Travel - Wed, May 1, 2024 | 3:02 pm GMT+7

Six dead as boiler explodes at southern Vietnam wood factory

Six dead as boiler explodes at southern Vietnam wood factory

Six persons including a Chinese national died and five others were injured after a boiler exploded Wednesday morning at a wooden products factory in Vinh Cuu district, Dong Nai province.

Society - Wed, May 1, 2024 | 2:55 pm GMT+7

Trungnam Group eyes green energy development in Ninh Thuan province

Trungnam Group eyes green energy development in Ninh Thuan province

Private Vietnamese conglomerate Trungnam Group plans to develop a green energy complex with an expected green hydrogen capacity of 824,400 tons per year in the south-central province of Ninh Thuan.

Energy - Wed, May 1, 2024 | 11:37 am GMT+7

S Korea's Jeil E&C to invest $35 mln in southern Vietnam high-tech logistics project

S Korea's Jeil E&C to invest $35 mln in southern Vietnam high-tech logistics project

Jeil E&C, a major South Korean construction-real estate business, will invest $35.4 million in a high-tech logistics project in Dong Nai province - an industrial hub in southern Vietnam.

Industries - Wed, May 1, 2024 | 9:34 am GMT+7

Brewer giant Habeco posts biggest quarterly loss in 4 years

Brewer giant Habeco posts biggest quarterly loss in 4 years

Habeco, among the top four brewers in Vietnam by market share, suffered a net loss of VND21 billion ($828,570) in the first quarter of 2024, up nearly sixfold from the same period last year.

Companies - Wed, May 1, 2024 | 7:00 am GMT+7

Retailer Mobile World Q1 profit rises 43 times after reshuffle

Retailer Mobile World Q1 profit rises 43 times after reshuffle

Mobile World Investment Corporation (MWG) reported an after-tax profit of nearly VND903 billion ($35.63 million) in the first quarter of 2024, a 43-fold increase year-on-year, according to the company’s financial statements.

Companies - Tue, April 30, 2024 | 9:09 pm GMT+7

Vietnam welcomes 6.2 mln foreign arrivals in Jan-Apr, 3.9% above pre-pandemic level

Vietnam welcomes 6.2 mln foreign arrivals in Jan-Apr, 3.9% above pre-pandemic level

Vietnam welcomed over 6.2 million foreign tourists in the first four months of this year, up 68.3% year-on-year, the General Statistics Office reported.

Travel - Tue, April 30, 2024 | 3:32 pm GMT+7

April 30 Victory – Glorious milestone in national history

April 30 Victory – Glorious milestone in national history

The Liberation of the South Day (April 30) is an occasion of great significance for all Vietnamese people.

Politics - Tue, April 30, 2024 | 3:10 pm GMT+7

$32 mln ecotourism project inaugurated in central Vietnam

$32 mln ecotourism project inaugurated in central Vietnam

Hang Gop Ecology Tourism JSC, a subsidiary of FVG Group, inaugurated its VND800 million ($31.56 million) Dong Giang Heaven Gate ecotourism project in Vietnam’s central province of Quang Nam on Sunday.

Travel - Tue, April 30, 2024 | 2:00 pm GMT+7

Dien Bien Phu Campaign's historic 3D panorama painting to be exhibited in Hanoi

Dien Bien Phu Campaign's historic 3D panorama painting to be exhibited in Hanoi

The impressive 3D panorama painting showcasing the Dien Bien Phu Campaign, which captivates visitors at the Dien Bien Phu Victory Museum in the northern province of Dien Bien, will now be exhibited in Hanoi using 3D mapping technology.

Travel - Tue, April 30, 2024 | 12:59 pm GMT+7

HCMC ready for spectacular fireworks display to celebrate national holidays

HCMC ready for spectacular fireworks display to celebrate national holidays

Ho Chi Minh City is getting ready for a spectacular fireworks display at five different locations to celebrate the Reunification Day on the night of April 30.

Travel - Tue, April 30, 2024 | 12:56 pm GMT+7

Vietnam’s FDI sector posts $16.64 bln trade surplus in Jan-Apr

Vietnam’s FDI sector posts $16.64 bln trade surplus in Jan-Apr

Foreign-invested enterprises in Vietnam recorded a trade surplus of $16.64 billion in the first four months of 2024, with crude oil activities factored into account, according to the General Statistics Office.

Economy - Tue, April 30, 2024 | 11:50 am GMT+7

Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

Registered foreign direct investment (FDI) in Vietnam reached $9.27 billion in the year to April 22, while disbursed FDI hit $6.28 billion, the highest figure in the last five years.

Economy - Tue, April 30, 2024 | 10:43 am GMT+7