Japan-Korea consortium to build $830m thermal plant in Vietnam

Japanese companies Toshiba and Sojitz and South Korea’s Daelim Industrial are to build a coal thermal power plant in Vietnam.

The consortium has won an $830m order for the Thai Binh 2 project in Thai Binh province on the north-east coast of the country.

The plant will have a capacity of 1200 MW and is owned by Petrovietnam, a subsidiary of the Vietnam Oil and Gas Group.

Toshiba and Sojitz will be responsible for the design, manufacturing and supply of steam turbines and generators, while Daelim will handle overall plant engineering and construction schedule control, as well as procurement of boilers and auxiliary equipment.

Delivery of the steam turbine and generators is expected to be completed by December 2014 and the first unit is due to start operation in 2015.

Rapid economic growth has seen Vietnam’s electric power demand increase at an annual average of 16 per cent, and this is expected to rise further this year.

 

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