First private invested thermal power plant

16:57 | 23/10/2014

VGP – Construction of the first privately-invested thermal power plant in the country was launched at a ceremony in Quang Ninh province on October 23.

The US$865 million plant with a 600MW capacity was invested by the Thang Long Thermal Power JSC, under the Geleximco Group.

It will be built in 45 months on a 125ha area in Le Loi commune, Hoanh Bo district. When fully operated, the plant using green French technology is expected to produce around four billion kWh per year.

This project is significant for Quang Ninh province’s development and contributes to ensuring national energy security. It will take advantage of the province’s potential of abundant coal sources.

By Vien Nhu