llustrative image (Source: VNA)
Over the past years, the company has focused on applying advanced technologies in management and operation to reduce cost and improve efficiency in production.
The 2016 power output is estimated at 5.5 billion kWh, generating 1.25 trillion VND (56.25 million USD), up 1 percent and 9.5 percent from the previous year, respectively.
The company has made a proposal to PetroVietnam to build two more power plants: Nhon Trach 3 and 4, each would produce 750-800 MW, at a combined construction cost of over 700 million USD.
The Nhon Trach 2 company was listed among the top 50 enterprises with the best annual reports and among the top 30 of the VN HOSE index (HCM Stock Exchange), with a growth rate of 70 percent after two years of public listing.
The Nhon Trach 2 thermal power plant began its commercial operation in late 2011. As a national key project in the provincial PetroVietnam Nhon Trach Power Centre, the power plant has a total capacity of 750 MW and is fueled by natural gas which has been registered under the United Nations’ Clean Development Mechanism as a main fuel.
With three turbines, it is designed to churn out an average of 4.2 billion kWh each year.
It also plays an important role in supplying electricity to the southern key economic region.