ABOUT THE PROJECT
Vung Ang II BOT thermal power plant project has a total investment of 2.2 billion USD (~ 50,600 billion VND) in the form of BOT by Vung Ang II Thermal Power LLC (VAPCO) as an investor.
Project Overview
- The BOT project of Vung Ang II thermal power plant (Project) has been agreed by the Government of Viet Nam to be assigned to the investor in the form of BOT in Document No. 1266/VPCP-KTN dated March 2, 2009
- The investor is One Energy Asia Limited (Owned by Mitshubishi Corporation Japan 40%, KEPCO Korean 40%, and Chugoku Japan 20%)
- EPC General Contractor: Doosan Heavy Industries and Samsung E7C (Korea)
- Capacity: 2 x 600MW (network capacity)
- Technology: Above supercritical (the most modern at present)
- Total Investment: 2.2 billion USD (~50,600 billion VND)
- Fuel: Coal imported from Australia and Indonesia
- Project Contract: BOT Contract, Government Guarantee, Power Purchase Agreement, and Land Lease Contract signed in December 2020
- Financial Closing and Construction Commencement: November 5, 2021
- Commercial operation of Unit 1: July 2025.
- Commercial operation of Unit 2: November 2025.