Construction on Vietnam’s Vung Ang 2 coal plant to begin in December


Construction on Vietnam’s Vung Ang 2 coal plant to begin in December

HANOI, Oct 26 (Reuters) – Vietnam will start enhancement on the controversial Vung Ang 2 coal-fired power plant this December, An group spokesman And native media said on Tuesday, As a Outcome of the nation presses forward with plans To enhance its fossil gasoline power manufacturing.

The investor, Vung Ang II Thermal Power LLC (VAPCO), has accomplished needed procedures for the $2.2-billion enterprise to go forward, deputy chief authorities officer Hoang Trong Binh informed the Vietnam Finance newspaper.

The 1,230-megawatt plant Inside the central province of Ha Tinh has been A spotlight Of worldwide calls to half out fossil gasolines To assist scale again worldwide greenhouse emissions.

Vung Ang 2, largely owned by Mitsubishi Corp (8058.T) and Korea Electrical Power (015760.KS), is scheduled To start out enterprise power period Inside the third quarter of 2025, Binh said.

South Korea’s Doosan Heavy Industries & Construction (034020.KS) and Samsung C&T (028260.KS) have been Amongst The numerous enhancement contractors involved Inside the enterprise, he added.

A VAPCO spokesman said enhancement work on the enterprise would start on December 5.

Vietnam’s Deputy Prime Minister Le Van Thanh in A press launch on Monday referred to as on its miners and related authorities To Increase home coal manufacturing As a Outcome of the nation grows extra reliant on imports.

Vietnam might double The quantity of coal-fired electric period it installs by 2030 beneath a draft plan submitted to the prime minister for approval earlier this month. study extra

Modifying by James Pearson

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