PetroVietnam signs $1.2B contract to build a 1200MW supercritical coal-fired power plant

By Dorothy Davis   

The Vietnam National Oil and Gas Group (PetroVietnam) and PetroVietnam Construction Joint Stock Co (PVC) have signed a contract worth $1.2 billion to build the Thai Binh 2 coal-fired power plant. Construction is slated to begin immediately.

Under the agreement, PVC will provide engineering, procurement and construction of a 1,200-megawatt plant in the northern province of Thai Binh's Thai Thuy District.

The Thai Binh 2 power station will use advanced supercritical pulverizing coal which will help Vietnam meet national and international emission standards. 

The plant has a total investment capital of over VND31 trillion (US$1.6 billion) and is scheduled to bring its first unit online in 2014.

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