Sets of contracts on building thermal power plants in TraVinh signed
The Ministry of Industry and Trade (MoIT) and Malaysian Company Janakuasa signed in Hanoi on December 29 a set of contracts on the construction of the Duyen Hai 2 Thermal Power Plant in the form of Build-Operation-Transfer (BOT).
The set includes a contract on land lease, another on electricity sale and purchase and a BOT agreement.
Minister of Industry and Trade Vu Huy Hoang also handed the Vietnamese government’s sponsorship pledge to Janakuasa Company representatives.
This is the second BOT project implemented by a Malaysian company in Vietnam and the first project between Vietnam and ASEAN countries in energy sector.
According to the MoIT’s Energy Department, the plant has a capacity of 1,200 MW with two turbines and is built at the DuyenHai Thermal Power Centre in TraVinh province. It will use imported coal.
Hoang said the project with a total investment of over US$2 billion is important to ensuring the supply of electricity to the Mekong Delta region and national energy security.