Sumitomo wins deal to build extended thermal power plant

November 27, 2014 | 10:33

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Vietnam Electricity Group (EVN) on November 25 awarded an engineering, procurement and construction (EPC) contract worth US$891 million to Japan’s Sumitomo to build the extended Duyen Hai 3 thermal power plant.

Vietnam Electricity Group (EVN) and Sumitomo Corporation sign a contract to build the extended Duyen Hai 3
thermal power plant - PHOTO: EVN

According to EVN, construction of this plant covers an area of nearly 880 hectares in Dan Thanh Commune in Tra Vinh Province’s Duyen Hai District. Upon completion, the 660MW plan will generate around 3.9 billion kWh of electricity a year.

In addition, the aforesaid contract also includes construction of a port (including terminal, quay and berth) to take the delivery of coal and oil.

Of the project’s total cost of US$891 million, 85% comes from domestic and foreign loans and the remainder is the reciprocal capital of EVN.

The extended Duyen Hai 3 thermal power plant is one of the four power projects of the Duyen Hai Power Center with a combined generation capacity of 4,348 MW, using coal as the feedstock to generate power.

Based on the contract signed by EVN and Sumitomo, the plant is to be commissioned after 42 months since the signing date, which will help reduce the lack of electricity in the South of Vietnam.

SGT

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