Assigning the Investor for O Mon II Thermal Power Project

11/10/2019 14:49:12 - views: 463

The Prime Minister has just agreed to assign the Consortium of Vietnam Construction Trade Joint Stock Corporation (Vietnam) and Marubeni Corporation (Japan) to the investor of O Mon II Thermal Power Project (TPP).
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Illustrative image (Source: Internet)

Regarding capacity of O Mon II TPP, the Prime Minister agreed with the proposal of the Ministry of Industry and Trade (MoIT) on adjusting the capacity of O Mon II TPP, one of 4 TPPs in O Mon power center (Can Tho city) from 750 MW (with an estimating total capital of VND 26,310 billion and operation time in 2026) as approved by the Prime Minister in Decision No.428/QD-TTg dated at March 18, 2016, to 1050 ± 10% MW with operation time in 2022-2023.
 
The Prime Minister assigned MoIT to be responsible for assigning the Consortium of Construction Trade Joint Stock Corporation (Vietnam) and Marubeni Corporation (Japan) to invest in the project by the ordinary form (the investor by himself will finance, construct, own and operate the project), but by the form of public-private partnership; ensuring the investor with good ability and experience to satisfy the requirements on quality and efficiency and speed up project progress for timely supplying adequate electricity for the southern region.
 
The MoIT as the main responsible person and in coordination with relevant agencies should guide the investor to implement the steps to prepare investment in project in accordance with the current regulations project stry of Industry and Trade shall assume the prime responsibility and coordinate with the concerned agencies in guiding the project investors to implement the project investment preparation step strictly according to regulations.
VietnamEnergy

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