10:08:06 AM | 5/12/2005
The Vietnam Coal Group (Vinacoal) this morning kicked off a project to build a thermo-electric plant in the northern province of Bac Giang at total investment of VND3,278 billion (US$207 million).
Of the total cost, US$145 million will be borrowed from China.
The 220-MW coal-fueled plant, which is scheduled to be completed in 27 months, will use coal from the Dong Ri coal mine with a reserve of around 100 million tons to produce 1.2 billion of kWh of electricity each year.
When operational, Son Dong Plant is expected to create jobs for more than 300 local residents.
Vietnam & World Economy
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