At a meeting with Yoshinori Katayama, Senior VicePresident of Mitsubishi, an important shareholder of the project, in Hanoi onSeptember 18, Deputy PM Dung asked the stakeholders to accelerate negotiationson the project in order to facilitate its implementation, ensuring interests ofall related parties.
On this occasion, the official reiterated therequest that all thermoelectric projects must meet both environmental and technologicalrequirements.
The Government will create optimal conditions forinvestors to apply state-of-the-art technologies and protect the environment,he stressed.
Sharing the investors’ concerns over factorshindering the operation of the Vung Ang 2 thermo power plant project, Dungassigned the Ministry of Industry and Trade, and Ministry of Finance to team upwith the Electricity of Vietnam (EVN) to seek solutions to the pendingnegotiations.
YoshinoriKatayama thanked the Vietnamese Government’s support for the stakeholders tofast-track the negotiation process, saying the concerned parties have reachedconsensus on major contents.
The Vung Ang 2 plant has a total capacity of 1,200MW, with the first turbine to be putinto operation in 2021 while the second will become operational one year later.