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.
The project is being developed by PetroVietnam Power and 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.
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.
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.
PetroVietnam Power is expected to perform operations and maintenance for thermal power project.
For more details on Vung Ang Coal Fired Power Plant II, buy the profile here.
About PetroVietnam Power
PetroVietnam Power Corp (PV Power), a subsidiary of Vietnam National Oil and Gas Group, is a utility company that generates and distributes electricity. The company produces electricity using crude oil, natural gas, hydro, coal and gas sources. It also offers services that include management, construction and operation of power plants, clean power CDM projects, electric power infrastructure, power generation and trading, consulting and import and export services. PV Power also invests in power projects. The company owns and operates gas and coal-fired thermal, hydropower and wind power projects in Vietnam. Its project portfolio includes CA MAU 1 Gas Thermal Power Plant, NHON TRACH 1 Gas Thermal Power Plant, Dakdrinh Hydropower Plant, Xekaman Hydropower Plant and others. PV Power is headquartered in Ha Noi, Vietnam.