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PV Power to embark on thermal power plants

The PetroVietnam Power Corporation (PV Power) is embarking on the construction of nine thermal power plants under the adjusted Power Development Plan VII.
PV Power to embark on thermal power plants ảnh 1PetroVietnam staff work on oil field (Source: VNA)
Hanoi (VNA) – The PetroVietnam Power Corporation(PV Power) is embarking on the construction of nine thermal power plants underthe adjusted Power Development Plan VII.

PV Power General Director Nguyen Xuan Hoa said the plantshave a total capacity of 5,250MW, using domestic and imported gas.

They include Kien Giang 1, Kien Giang 2, Nhon Trach 3, NhonTrach 4, Mien Trung 1, Mien Trung 2, Son My 2.1, Son My 2.2, Son My 2.3 plants.

Hoa said PetroVietnam is seeking Prime Minister’s permissionto allow PV Power to invest in Nhon Trach 3 and Nhon Trach 4 plants whileothers are still invested by PetroVietnam.

Currently, PV Power is devising a plan to provide fundingfor Nhon Trach 3 and Nhon Trach 4 with a total investment of around 1.4 billionUSD, 20 percent of which will be sourced from the upcoming equitisation of HuaNa, Dakdring and Nhon Trach 1 plants.

The PetroVietnam has assigned the PetroVietnam GasCorporation (PV Gas) to negotiate gas import deals.

Electricity demand in the south is forecast to grow 11percent this year.-VNA
VNA
#PetroVietnam Power Corporation#thermal power plants#total capacity#PetroVietnam Gas Corporation#capacity#electricity demand
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