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At the ribbon cutting ceremony

According to PetroVietnam General Director Le Manh Hung, the plant has a total investment capital of over 41.7 trillion VND (1.8 billion USD) and a combined capacity of 1,200 MW, which is a large-scale project in the North.

Having its construction started in early 2011, the plant's two turbines have completed trial run and generated over 1 billion kWh of electricity to the national grid.

Once operational, the plant will supply around 7.2 billion kWh to the national grid, earn roughly 18 trillion VND (782 million USD) in revenue, add over 400 billion VND to the state budget each year, and employ over 400 direct and indirect workers, contributing to ensuring national energy security and economic development in the north and Thai Binh in particular.

Speaking at the event, PM Pham Minh Chinh stressed that energy security and electricity supply are one of the top political tasks and priorities of the Vietnamese Party and State.

He hailed PetroVietnam, the Ministry of Industry and Trade, the Commission for the Management of State Capital at Enterprises, ministries and agencies for promptly tackling difficulties to complete the project.

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PM Pham Minh Chinh greets staff of Thai Binh 2 thermal power plant.

The PetroVietnam, the Vietnam Electricity and agencies concerned were also asked to work closely together to ensure that the plant operates safely, stably and effectively.

Earlier the same day, PM Pham Minh Chinh visited Lien Ha Thai Industrial Park invested by Green Green I – Park JSC.

Covering a total area of over 588ha, the park has attracted electric and electricity projects worth 731 million USD, making Thai Binh one of the top 10 localities nationwide in terms of investment attraction for the first time.

Source: VNA