Prime Minister Nguyen Xuan Phuc in a visit to Thai Binh 1 thermal power plant (Source: VNA)
Work on the plant, located in My Loc commune, Thai Thuy district, began in February 2015. It costs a total of over 26.5 trillion VND (1.17 billion USD), of which 85 percent comes from the official development assistance (ODA) of the Japan International Cooperation Agency and the rest is funded by EVN.
Comprising two turbines with a combined capacity of 600 MW, the plant is expected provide nearly 3.3 billion kWh every year once operational.
The plant plays a significant role in ensuring electricity for socio-economic development and industrialisation in Thai Binh province and its neighbouring localities.