AES-VCM supports health care programmes in Vietnam

The company also handed over other construction works including parking house and terrace roof to the clinic. This is among several community development initiatives that AES-VCM has supported to not only upgrade the local facilities, but also improve local healthcare services.

“One of the core operation principles of our company is to maximise the economic and social benefits associated with the development of Mong Duong 2 BOT Power Plant,” said David Stone, AES-VCM Mong Duong Power Company’s managing director.

The total value of this healthcare programme is more than VND400 million ($20,000) where more than 400 local people of Mong Duong ward, Cong Hoa and Cam Hai communes received an intensive training on first aid skills and provided with a family first aid kits.

Kevin Pierce, manager of Mong Duong 2 Power Plant emphasised that the value of the programme is not limited to what the company provided at the training but it goes further as people take the skill and knowledge home to share with their family, friends and neighbors to raise the awareness of community healthcare.

AES-VCM Mong Duong Power Company is formed by three investors in which the US’ AES Corporation is the biggest investor with 51 per cent, Posco Energy Corporation from Korea (30 per cent) and China Investment Corporation from China (19 per cent). This is the first and largest coal-fired power project based on build-operate-transfer (BOT) scheme using pulverised coal fired boiler technology in Vietnam. The plant is expected to generate up to 7.6 billion kilowatt hours of electricity annually.

Since April 2015, both units of the power plant with the total capacity of 1,242 megawatts have entered commercial operations which is over six months earlier than the committed schedule with the Vietnamese government. The plant has contributed more than 4.2 billion kWh of electricity to the national grid in 2016.