Mong Duong II BOT Power Plant set up honoured plaque

October 16, 2013 | 11:00

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Today, AES-VCM Mong Duong Power Company Limited held a ceremony to set up the plaque in honour of the 50th anniversary of the establishment of the northern province of Quang Ninh.

The Mong Duong II BOT Power Project, with 2 units and total gross capacity of 1,240 MW is currently under construction in the province’s Mong Duong Ward, Cam Pha City. The total investment for the project is approximately $2 billion with the US’ AES holding 51 per cent of the stake, POSCO Energy from Korea (30 per cent) and China Investment Corporation from China (19 per cent).

The Mong Duong II BOT Power Project is currently progressing well with engineering and procurement nearing completion and construction progress at over 70 per cent.

After completion of construction activities in the second half of 2015, the Mong Duong II BOT Power Plant will be the first and largest BOT coal-fired power plant in Vietnam, which will produce over 7.6 billion kWh of electricity annually.