US$1.3 billion investment in energy

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ConUS$1.3 billion investment in energystruction will begin on March 9th on the Vinh Tan 4 thermal power plant, in the central province of Binh Thuan, at an estimated cost of VND36,000 billion (approximately US$1.3 billion), reported the Electricity of Vietnam (EVN).

The 1,200 MW plant is expected to generate 7.2 billion kWh annually to ease the shortage of electricity in southern Vietnam.

According to the schedule, the first turbine of the power plant will be connected to the national electricity grid in 2017, and the second in 2018.

Already this year EVN has connected several big thermal power plants to the national grid, including Vinh Tan 2 (622 MW) and Hai Phong 2 (300 MW).

It also started construction on a 600 MW thermal power plant in the northern province of Thai Binh.

(Source: VOV)

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