Post date: 20/11/2009

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EUR1.5 billion to build Quang Trach Power Plant

(Quang Binh Website) - According to the master plan approved by the Ministry of Industry and Trade, the Quang Trach electricity centre project is built in Vinh Son hamlet, Quang Dong commune of Quang Trach district with the total area of 250 hectares.

The 2,400MW Quang Trach electricity centre project includes two power plants namely 1,200-MW Quang Trach 1 and 1,200-MW Quang Trach 2. The Prime Minister has assigned the Vietnam National Oil and Gas Group (PetroVietnam) to invest in the Quang Trach 1 electricity centre project for the 2010-2015 period. In order to mobilize source of capital and accelerate the project implementation progress, at the Vietnam-France Business Forum held in Hanoi on November 13, the PetroVietnam, the EPF Group and the JPAWORR Group signed an agreement to carry out construction of the Quang Trach 1 electricity plant with the mobilized capital of EUR1.5 billion.

It is known that on basis of building the Quang Trach 1 electricity plant, three groups will continue to make a financial contribution to implement the Quang Trach 2 electricity plant.

Reported by QB Newspaper No.228
Translated by N.Y

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