Malaysia Firm to Build $2B Coal-fired Power Plant in North Vietnam
Jaks Resources Bhd Group of Malaysia will build a 1,200-MW coal-fired power plant worth $2 billion in northern Hai Duong province.
Jaks Resources Bhd group has signed a memorandum of understanding with the Vietnamese Ministry of Industry and Trade.
The Malaysian firm will develop the plant under the BOT (Build-Operate-Transfer) form.
The two-turbine plant is slated for groundbreaking in October 2010 in Kinh Mon district, and is expected to generate 7.8 billion kWh of power annually by early 2014. (Vietnam Economic Times)
Vietnamese
