Atlas Corridor
Component

Vinh Tan 1 Coal-Fired Power Plant

power

Cities

Tuy Phong
Viet Nam

Cost

$1.8b
$1,755,000,000

Phases

operational, 2018

Objective

Description

Construction of a 1,200 MW coal-fired power plant comprising two 600 MW units at the Vinh Tan Power Centre. The project was developed as a 25-year build-operate-transfer scheme by a Chinese-led project company and used Chinese design standards, equipment, EPC contractors, equity and syndicated bank finance.

Capacities

1200 MW Electricity

Finance

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$280800000 loan
China Development Bank Development bank
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$280800000 loan
Exim Bank of China Development bank
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$280800000 loan
Industrial and Commercial Bank of China Bank
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$280800000 loan
Bank of China Bank
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$280800000 loan
China Construction Bank Bank

Contractors

Guangdong Power Engineering Corporation
Company
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China Harbour Engineering Company
Company
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Sinohydro
Company