Japan firm to build Quảng Ngãi power plant

April 15, 2017 | 09:27

(0) user say

The Japanese J-Power Development Company plans to build a thermal power plant in Dung Quất Economic Zone in the central province of Quảng Ngãi, the director of the International Development Business Department of J-Power Electricity, Jahana Takashi, told provincial officials on Thursday.

Takashi said the company would proceed with a pre-feasibility study on investment in the coal-fired plant, which will be built in two stages: capacity of 2,400 megawatts (MW) in the first stage in 2028, and the second stage with a 2,000 MW capacity for operation in 2030.

The plant will use coal from Australia, Russia, Indonesia and Việt Nam.

The chairman of Quảng Ngãi People’s Committee, Đặng Ngọc Dũng, promised smooth sailing for the project. He said the province has been calling for investment in updated energy technology to achieve green growth and sustainable development.

Sembcorp Development, a partner of the Việt Nam-Singapore Industrial Park Group with Becamex IDC, also plans to build a 1,200-megawatt coal-fired plant in the province under a 25-year build-operate-transfer (BOT) arrangement.

Last month, American Exxon Mobil and the national oil and gas PetroVietnam (PVN) signed a US$10 billion framework agreement to build a power plant using natural gas extracted from the Cá Voi Xanh (Blue Whale) field in Quảng Nam Province. The project will supply raw gas for four plants with a total generation capacity of 3,000MW – including two plants in the Dung Quất EZ in Quảng Ngãi Province – in the first phase.

VNS

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional