Nhon Trach thermal power plant 2

The plants will be constructed in the southern province of Dong Nai with an estimated investment of over 32.48 trillion VND (1.39 billion USD).

In February 2020, PV Power signed a letter of authorisation with its foreign partners – Citibank and Ingbank – to arrange capital for the project.

The company also inked a contract with the PetroVietnam Gas Joint Stock Corporation (PV Gas) to provide and sold liquefied natural gas (LNG) for the project in mid-2019.

The construction of the plants is scheduled to commence in the second quarter of 2021.

Source: VNA