The Vung Ang Coal Fired Power Plant II is 1,200MW coal fired power project. It is planned in Ha Tinh, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2025. Buy the profile here.
Description
The project is being developed by Vung Ang 2 Thermal Power Joint Stock. Korea Electric Power, Mitsubishi, The Chugoku Electric Power and Shikoku Electric Power are currently owning the project having ownership stake of 40%, 25%, 20% and 15% respectively.
It is a Steam Turbine power plant.
The project cost is expected to be around $2,500m.
The thermal power project will consists of 2 turbines each with 600 MW nameplate capacity.
Development status
Post completion of the construction, the project is expected to get commissioned in 2025.
Power purchase agreement
The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement for a period of 25 years.
Contractors involved
China Energy Engineering Group Guangdong Power Engineering, Doosan Enerbility, GE Power and Samsung C&T are expected to render engineering procurement construction services for the coal fired power project.
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