Mong Duong power plant links to national electric grid
(VOV) - The AES-VCM Mong Duong Power Company Limited on June 17 completed a significant milestone – synchronization of the gross 620 MW First Unit of the Mong Duong II BOT Power Project to the 500 kV electric grid.
The project, with 2 units and total gross capacity of 1,240 MW, is currently under construction in Mong Duong Ward, Cam Pha City, Quang Ninh Province.
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The US$2.2 billion project is owned by AES-VCM Mong Duong Power Company Limited with three shareholders from the subsidiaries of The AES Corporation (51%), POSCO Energy (30%) and CIC (19%).
After completion of construction and commissioning activities in the second half of 2015, Mong Duong will be the first and largest BOT (Build - Operate - Transfer) coal-fired power plant in Vietnam. It is forecasted to produce over 7.6 billion kWh of electricity annually.