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Vung Ang 1 Coal-Fired Power Plant
power
Cities
Vung Ang
Viet Nam
Cost
$1.5b
$1,470,000,000
Phases
operational, 2015
Objective
Description
Construction of a 1,200 MW coal-fired power plant with two 600 MW units in the Vung Ang Economic Zone. PetroVietnam developed the plant, Vietnam Machinery Erection Corporation delivered the EPC works, and the project drew on a Chinese-led syndicated buyer's credit alongside Japanese and international bank financing.Capacities
1200
MW
Electricity
Finance
$673000000 loan
China Development Bank
Development bank
$95000000 loan
Sumitomo Mitsui Banking Corporation
Bank
Contractors
Vietnam Machinery Erection Corporation
Company