Nhon Hoi zone powers up

March 29, 2011 | 14:22

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Central Binh Dinh People’s Committee recently has asked the prime minister to add a thermo-power production function to Nhon Hoi economic zone’s non-tariff area upon an investment proposal from Thailand-based STFE Company Limited.

illustration photo

Accordingly, STFE registered to build a thermal power plant with an annual capacity of 1,400 megawatts at an estimated investment of $972 million in the zone. Construction of the 120 hectare plan will kick-off in early 2012 and be completed in 2014.

Earlier, the province authorities signed with STFE a memorandum of understanding concerning the latter’s plan to build an oil refinery complex in Nhon Hoi. Once completed, the 150ha oil complex will report an annual production of six to eight million tonnes of petroleum products (three million tonnes in the first phase).

STFE Co., Ltd. provides multi-discipline engineering services in the field of electrical and mechanical as much as turnkey work for power generation projects. STFE’s expertise for power generation is focused on renewable energy and cogeneration plants.

By Thuy Hoang

vir.com.vn

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