Quang Ninh Thermoelectric Joint Stock Co yesterday broke ground on the VND9.3-trillion (US$582.8-million) Quang Ninh Thermoelectric Plant No 2 in the city of Ha Long.
The new plant has a design capacity of 600MW and is expected to be operational by the end of 2009, producing about 3.6 billion kWh a year.
The Quang Ninh 2 Plant, covering 400ha, will supply electricity to the Hai Phong-Ha Noi-Quang Ninh economic triangle.
Executives forecast that the company’s two power plants, Quang Ninh 1 and 2, will provide enough electricity for northern Viet Nam, with a total capacity of 1,200MW.
Quang Ninh Thermoelectric - which is owned jointly by State-owned Electricity of Viet Nam Group, Vinacomin and Vinaconex - is the primary investor in the new plant.
Shanghai Electricity Corp has been contracted to design and build the facility.
Vietnam, Asia