Two new thermal power plants licensed

July 03, 2017 | 17:48

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The Ministry of Planning and Investment has licensed two thermo-electric plants in Nam Dinh and Thanh Hoa provinces.

The Ministry of Planning and Investment has licensed two thermo-electric plants in Nam Dinh and Thanh Hoa provinces.

The ministry has granted a certificate of investment for the BOT Nam Dinh 1 thermal power plant project in the northern province of Nam Dinh with a total investment capital of US$2.07 billion.

The Singaporean investors of this plan will design, construct, operate and transfer the coal-fired thermal power plant with a net output of about 1,109.4MW.

Another project having the investment licence is the BOT Nghi Son 2 thermal power plant project in the central province of Thanh Hoa. The project has drawn a total investment capital of $2.793 billion from Japanese investors. It will be designed and developed under the build, operate and transfer (BOT) model with a capacity of 1,200MW, the local media reported.

Thanks to the two thermal power projects, Nam Dinh and Thanh Hoa were among the top three provinces attracting the largest foreign investment in the first half of 2017. Thanh Hoa ranked first with a total registered capital of $3.06 billion, accounting for 15.9 per cent of the total investment.

VNA

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