Green light issued for $112m power plant

12/08/2009 13:37:30 - views: 2,284

The go-ahead to develop a thermo-electric power plant was given on Thursday to An Khanh Thermo-Electric Power JSC by the Thai Nguyen provincial People’s Committee.
The plant, worth VND2 trillion (US$112 million), will be the largest locally invested project in the province. The 100MW power plant would be built on 22.7ha in Dai Tu District’s An Khanh Commune, the company said. The plant would use local coal and was expected to generate jobs for 400 residents.

The company said it would commence construction of the plant early next year, aiming to generate power for the national electricity grid by 2012.

The provincial authorities created favourable conditions for the investor, while offering the firm incentives such as reductions in land rental, corporate income tax and tariffs on machine and equipment imports.

An Khanh will be the second thermo-electric power plant in Thai Nguyen. The first was Cao Ngan Plant of the Viet Nam Coal and Mineral Industries Group which began operating in 2007.

The province has developed a list of projects calling for domestic and foreign direct investment by next year with the focus on industry, mineral processing, agriculture and construction.

Because of the economic crisis, the province has attracted only two foreign investment projects, capitalised at a modest $4.6 million, during the past seven months, ranking 29th among 36 provinces and cities in terms of investment attraction.


ASEAN transitioning towards sustainable energy

Cập nhật 23/11/2020

Renewable energy plays an increasingly important role in the diversification of energy supplies, which...


EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...


Japanese firm invests in big energy project in Khanh Hoa

Cập nhật 19/11/2020

Japanese firm J-Power is taking necessary procedures for the investment of a nearly 3.2 billion USD...


EVN aims to complete key power projects in 2020

Cập nhật 21/10/2020

Vietnam Electricity (EVN) planned to put two turbines of Thuong Kon Tum hydropower plant and Se San...


Power consumption rises as economy recovers from pandemic

Cập nhật 26/10/2020

Power consumption increased significantly in September as the economy started to find its feet after...