ITA Group OKed to Build Two Big Power Plants in Southern Vietnam

Vietnamese Prime Minister Nguyen Tan Dung has recently approved in principle Tan Tao Group (ITA Group) to build two thermal power plants with a combined capacity of 2,400 MW in southern Kien Giang province.

 

The 1,200-MW Kien Luong 1 and 1,200-MW Kien Luong 2 thermal power plants are part of a 4,400 Kien Luong thermal power center valued at US$6.7 billion, the biggest of its kind in Vietnam once it is operational.

 

The Kien Luong 1 plant is expected to start operation in 2013-2014 while the Kien Luong 2 plant will be put in use in 2015-2016.

 

ITA Group will construct Nam Du deepwater port to facilitate transportation of input materials for the power plants.

 

The Kien Luong power center is due for groundbreaking in 2009 with the first operation in 2013.

 

Vietnam, now heavily dependant on hydropower, aims to lean to thermal power generation sources after 2010, to raise total capacity of thermal power plants to 15,497 MW by 2011; 27,261-27,811 MW by 2015; 36,721-40,111 MW by 2020; and 52,871-65,111 MW by 2025. (Labor, Vietnam Economic Times)