PM attends inauguration of Thai Binh 2 thermal power plant
Prime Minister Pham Minh Chinh attended the inauguration of Thai Binh 2 thermal power plant, which was held by the Vietnam National Oil and Gas Group (PetroVietnam) in the northern province of Thai Binh on April 27.
Prime Minister Pham Minh Chinh speaks at the event (Photo: VNA)
Thai Binh (VNA) – Prime Minister Pham Minh Chinh attended the inauguration of Thai Binh 2thermal power plant, which was held by the Vietnam National Oil an🦋d Gas Group(PetroVietnam)🅠 in the northern province of Thai Binh on April 27.
According toPetroVietnam General Director Le Manh Hung, theplant has a total investment capital of over 41.7 trillion VND (1.8 billionUSD) and a combined capacity of 1,200 MW, which is a large-scale project in thenorth. Having its construction started in early 2011, the plant's two turbines have completed trial run and generated over 1 billion kWh ofelectricity to the national grid. Once operational,the plant will supply around 7.2 billion kWh to the national grid, earn roughly18 trillion VND (782 million USD) in revenue, add over 400 billion VND to theState budget each year, and employ over 400 direct and indirect workers,contributing to ensuring national energy security and economic development inthe north and Thai Binh in particular.
At the ribbon cutting ceremony (Photo: VNA)
Speaking at theevent, PM Chinh stressed that energy securityand electricity supply are one of the top political tasks and priorities of theVietnamese Party and State. Hehailed the PetroVietnam, the Ministry of Industry and Trade, the Commission forthe Management of State Capital at Enterprises, ministries and agencies forpromptly tackling difficulties to complete the project. The PetroVietnam,the Vietnam Electricity and agencies concerned were also asked to work closely togetherto ensure that the plant operates safely, stably and effectively.
PM Pham Minh Chinh greets staff of Thai Binh 2 thermal power plant (Photo: VNA)
Earlier the sameday, PM Chinh visited Lien Ha Thai Industrial Park investedby Green Green I – Park JSC. Covering a total areaof over 588ha, the park has attracted electric and electricity projectsworth 731 million USD, making Thai Binh one of the top 10 localities nationwidein terms of investment attraction for the first time./.
The risk of a coal shortage and high input material prices have affected thermal power businesses, while hydropower enterprises are expected to benefit from the higher power selling prices compared to last year.
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