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Provincial authorities agreed in principle and promised to ask the Prime Minister for approval of the project at a working session with the investor on April 7.
The province will work closely with TOYO to complete all legal procedures to submit to concerned ministries, agencies and the government for approval.
Located at the Song Hau Power Centre (SHPC) in Chau Thanh district, the 2,000 MW coal and petroleum-fueled power plant is expected to begin generating electricity in 2018 or 2019 if the project is carried out on schedule.
As the largest thermoelectric power centre in Vietnam, SHPC was designed to accommodate three power plants with a combined capacity of 5,200 MW.
The first project, the 1,200 MW Song Hau 1 power plant, invested by the Vietnam National Oil and Gas Group, is scheduled to generate electricity by 2013 or 2014.
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