14:36 | 28/04/2018 Industry
Construction of the Vinh Tan 4 thermal power plant in the southern province of Binh Thuan is on schedule and has met both international and Vietnam’s standards on environmental protection, announced the Electricity of Vietnam (EVN).
|A corner of the Vinh Tan 4 thermal power plant - Photo: VNA|
At a ceremony held at the plant on April 19 to mark it as a project to celebrate the 60th Traditional Day of Vietnamese construction sector (April 29), Deputy Minister of Construction Le Quang Hung noted that the large-scale plant is the first of its kind designed by Vietnamese experts. It also has a high rate of local content, at nearly 26 percent.
The same day, the plant received approval for official operation.
The Vinh Tan thermal power plant, on the list of urgent construction projects in 2013-2020, is invested by the EVN.
The plant has two turbines with a combined capacity of 1,200 MW and was built at a cost of more than 40 trillion VND ( US$1.76 billion), which was mainly sourced from preferential loans from the Republic of Korea and Japan, while the remaining came from EVN’s reciprocal capital.
Construction of the plant began in March 2014, with the first turbine completed in late 2017 and the second one is set to finish in June 2018.
In full operation, it is expected to generate about 7.2 billion kWh each year. It is the first large-scale coal-fuelled thermal power plant in Vietnam using the supercritical steam generator.
The plant is also hoped to contribute to socioeconomic development in the South Central Region and raise the stability and economic operation of the national grid.