Central Quang Tri province’s People’s Committee and Thailand’s EGAT International Company (EGATi) on July 11 inked a memorandum of understanding (MoU) on cooperation in building a thermal power plant in the locality.
Central Quang Tri province’s People’s Committee and Thailand’sEGAT International Company (EGATi) on July 11 inked a memorandum ofunderstanding (MoU) on cooperation in building a thermal power plantin the locality.
The Vietnamese government has approved EGATi as the project investor and developer.
Underthe MoU, the Thai firm will invest 1.26 billion USD to construct a1,200MW thermal power plant on an area of 450 ha in Hai Lang district.
The plant will be built in the form of BOT (Build-Operate-Transfer), and transferred to Vietnam after a 25-year period.
It will include two turbines with the first expected to be operational between 2019-2020 and the second in 2030.
Once operational, the plant will generate 7.25 billion kWh of commercial electricity.
NguyenDuc Cuong, Chairman of the provincial People’s Committee, said thelocal authorities will work closely with EGATi in implementing theproject.
Representatives from the firm affirmed that the projectwill supply more electricity to Vietnam’s localities as well asconnect the country’s power transmission systems to those in otherSoutheast Asian countries in the coming time.-VNA
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