Vinh Tan power station
|This article is part of the CoalSwarm coverage of Vietnam and coal|
Vĩnh Tân power station is a proposed 5,600-megawatt (MW) coal power plant complex in Bình Thuận province, Vietnam.
The map below shows the location where the plant is being built in Vĩnh Tân commune, Tuy Phong district.
The Vĩnh Tân power station complex is made up of four separate plants.
In July 2007, a consortium of Vinacomin and China Southern Power Grid Company received financing from the Asian Development Bank to build the two-unit, 1,200-MW, $2 billion Vĩnh Tân-1. Vinacomin signed a deal with two Indonesian coal mining companies in July 2008. In December 2012, the consortium -- now also joined by the China Power Investment Corporation -- finally signed an deal with the Vietnamese government for the plant's construction; the plant is scheduled to come online in 2018.
In October 2009, Electricity of Vietnam signed a construction contract with Shanghai Electric Group for the construction of the two-unit, 1,245-MW, $1.3 billion Vĩnh Tân-2. Construction work began in August 2010. The first unit of the plant came online in January 2014, and the second is expected to come online in June 2014.
In October 2008, OneEnergy, a partnership of China's CLP Group and Japan's Mitsubishi Corporation, announced that it would be partnering with Electricity of Vietnam to build the three-unit, 1,980-MW, $1.1 billion Vĩnh Tân-3, planning on beginning construction in 2010. In October 2013, the consortium signed a construction agreement with the Harbin Power Equipment Company; construction would begin in 2014, and the plant would go online in 2018.
In December 2013, Electricity of Vietnam signed a construction agreement with the Mitsubishi Corporation and Doosan Heavy Industries (a subsidiary of the Doosan Group) to build the two-unit, 1,200-MW, $1.4 billion Vĩnh Tân-4. Construction is slated to begin in early 2014, and the plant would come online in 2017-18. (A February 2014 news story about Doosan Heavy Industries signing an order for the project referred to the plant as costing US$1.5 billion. )
- Sponsor: Vinacomin, China Southern Power Grid Company (Vĩnh Tân-1); Electricity of Vietnam (Vĩnh Tân-2); OneEnergy (Vĩnh Tân-3); Electricity of Vietnam (Vĩnh Tân-4)
- Parent company: CLP Group, Mitsubishi Corporation (Vĩnh Tân-3)
- Location: Vĩnh Tân commune, Tuy Phong district, Bình Thuận province, Vietnam
- Coordinates: 11.32082, 108.80630 (exact)
- Status: Operating (Vĩnh Tân-2 Unit 1); Construction (Vĩnh Tân-2 Unit 2); Development (Vĩnh Tân-1, 3, 4)
- Gross Capacity: 5,600 MW (1,200 MW (Vĩnh Tân-1); 1,245 MW (Vĩnh Tân-2); 1,980 MW (Vĩnh Tân-3); 1,200 MW (Vĩnh Tân-4))
- Type: Subcritical
- Projected in service: 2014 (Vĩnh Tân-2); 2017-18 (Vĩnh Tân-1, 3, 4)
- Coal Type: Anthracite
- Coal Source: PT Berau and Maintime (Indonesia) (Vĩnh Tân-1)
- Source of financing: Asian Development Bank (Vĩnh Tân-1); Export-Import Bank of China, Vietnam Development Bank (Vĩnh Tân-2); Export-Import Bank of Korea, Korea Trade Insurance Corporation, Japan Bank for International Cooperation (Vĩnh Tân-4)
Articles and resources
- "Vinacomin signs up Vinh Tan coal", (Coal) gossip (blog), July 11, 2008.
- BOT Contract Signed for Vinh Tan 1 Thermoelectric Plant, talkvietnam, Dec. 27, 2012.
- Signing BOT Contract for Vinh Tan 1 Thermal Power Plant, Vietnam Ministry of Industry & Trade press release, Dec. 12, 2013.
- Shanghai Electric to Help Build Vietnam Power Plant, China Daily, Oct. 24, 2009.
- Construction of 1,240MW Vinh Tan 2 Thermo-Electric Power Plant Commences in Vietnam, PennEnergy, Aug. 10, 2010.
- Vinh Tan 2 Thermo-Power Plant Up and Running Next Year, Saigon Times, July 24, 2012.
- Vinh Tan 2 Plant Generates Power to National Grid, Vinacomin press release, Jan. 21, 2014.
- Vietnam Electricity Established its First IPP Partnership with OneEnergy, CLP Group press release, Oct. 9, 2008.
- Vietnamese, Chinese Companies Build Coal-Fired Power Plant, Viêt Nam News, Oct. 16, 2013.
- Vinh Tan Power Plant Receives Funding Injection, Nhân Dân, Dec. 24, 2013.
- Vinh Tan 4 Thermal Power Plant's Contract Inked, talkvietnam, Dec. 24, 2013.
- "Doosan to Construct Coal-fired Power Plant in Vietnam", BusinessKorea, February 7, 2014.
- EVN Inks $120 Million Loan Deal for Two Power Plants, Tuoi Tre News, Jan. 8, 2013.