Vietnam: Japan firm to build Quang Ngai power plant

Vietnam: Japan firm to build Quang Ngai power plant

The Japanese J-Power Development Company plans to build a thermal power
plant in Dung Quat Economic Zone in the central province of Quang Ngai, the
director of the International Development Business Department of J-Power
Electricity, Jahana Takashi, told provincial officials on Thursday.

Takashi said the company would proceed with a pre-feasibility study on
investment in the coal-fired plant, which will be built in two stages:
capacity of 2,400 megawatts (MW) in the first stage in 2028, and the second
stage with a 2,000 MW capacity for operation in 2030.

The plant will use coal from Australia, Russia, Indonesia and Viet Nam.

The chairman of Quang Ngai People's Committee, Dang Ngoc Dung, promised
smooth sailing for the project. He said the province has been calling for
investment in updated energy technology to achieve green growth and
sustainable development.

Sembcorp Development, a partner of the Viet Nam-Singapore Industrial Park
Group with Becamex IDC, also plans to build a 1,200-megawatt coal-fired
plant in the province under a 25-year build-operate-transfer (BOT)
arrangement.

Last month, American Exxon Mobil and the national oil and gas PetroVietnam
(PVN) signed a US$10 billion framework agreement to build a power plant
using natural gas extracted from the Ca Voi Xanh (Blue Whale) field in Quang
Nam Province. The project will supply raw gas for four plants with a total
generation capacity of 3,000MW - including two plants in the Dung Quat EZ in
Quang Ngai Province - in the first phase.

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article:
http://bizhub.vn/news/japan-firm-to-build-quang-ngai-power-plant_285529.html

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com