Thai Binh Power Center
|This article is part of the CoalSwarm coverage of Vietnam and coal|
Thái Bình Power Center is an 600-megawatt (MW) coal-fired power station in Thái Bình province, Vietnam. A 1,200 MW expansion is under construction, and a further 440 MW expansion has been proposed.
The map below shows the project site in My Loc commune of Thái Bình province, with Thái Bình-1 to the south and Thái Bình-2 to the north. A 2011 contract said the power center is on 43 hectares of land, although a 2010 report states that the power center will occupy 250 hectares of land.
In May 2009, PetroVietnam and Electricity of Vietnam (EVN) began preparation work for the Thái Bình power center, an 1,800-MW coal-fired power plant in Thái Bình province. Electricity of Vietnam is building the two-unit, 600-MW Thái Bình-1, while PetroVietnam is building the two-unit, 1,200-MW Thái Bình-2.
In July 2013 — after protests by U.S. environmental groups including Friends of the Earth, Greenpeace, Pacific Environment, and the Center for Biological Diversity — the U.S. stated that the U.S. Export-Import Bank would not be extending financing to the Thái Bình power center as previously planned.
The Thai Binh 1 Thermal Power Plant is a proposed 600 megawatt coal-fired plant. In December 2013, Electricity of Vietnam and Japan's Marubeni Corporation signed a construction contract for Thái Bình-1. Construction broke ground in February 2014. The first unit is scheduled to go online in November 2017, and the second in May 2018. In July 2015, EVN applied for approval to build transmission lines for the plant.
In May 2017, EVN connected the two units of Thai Binh-1 to the national grid.
According to EVN, Thai Binh-1 Unit 1 went into commercial operation in Q4 of 2017 and Unit 2 will go into operation in Q2 of 2018.
PetroVietnam began site clearing work for Thái Bình-2 in March 2011. In May 2012, PetroVietnam signed a contract with a consortium consisting of Japan's Sojitz Corporation and Korea's Daelim Group for the construction of Thái Bình-2.
The plant has been scheduled to be completed in 2015, but the project has had some significant delays, and it is unclear whether or not construction is still on this schedule. As of August 2014, construction was 39% complete. In May 2015, construction began on the plant's cooling pipeline system.
In December 2017, the company revised the projected completion dates to "end of December 2018" for Unit 1 and March 2019 for Unit 2.
In November 2018 the Ministry of Trade and Industry issued a report detailing problems with the construction of Thái Bình-2. Problems included a shortfall in financing for the project, low quality materials which in some cases were past their expiration dates, and the slow pace of construction, which rose from 80.9% complete in November 2017 to *2.78% complete in October 2018. The plant is now expected to be commissioned in 2020.
In July 2018 it was reported that the Vietnam National Coal and Mineral Industries Group (Vinacomin) was pursuing a 440 MW addition at the plant, which has been included in the country's Power Plan VII.
- Sponsor: Electricity of Vietnam and Electricity Generation Corporation 3 (EVNGENCO); (Thái Bình-1); PetroVietnam (Thái Bình-2); Vinacomin ((Thái Bình-3)
- Parent company:
- Location: Mỹ Lộc commune, Thái Thụy district, Thái Bình province, Vietnam
- Coordinates: Thái Bình-1: 20.4809977, 106.5604517 (exact); Thai Binh-2: 20.4828445, 106.563262 (exact)
- Status: Thai Binh-1 Unit 1: Operating; Thai Binh-1 Unit 2: Operating; Thai Binh-2: Construction; Thái Bình-3: Announced
- Gross Capacity: 1,800 MW (600 MW (Thái Bình-1); 1,200 MW (Thái Bình-2)); 440 MW (Thái Bình-3)
- Type: Subcritical (Thái Bình-1); Supercritical (Thái Bình-2)
Start year: Nov. 2017 (Thái Bình-1 Unit 1); May 2018 (Thái Bình-1 Unit 2); 2020 (Thái Bình-2 Unit 1); 2020 (Thái Bình-2 Unit 2)
- Coal Type: Anthracite
- Coal Source: Domestic
- Source of financing:
- Thai-Binh-2: Japan Bank for International Cooperation, Export-Import Bank of Korea, Bank of Tokyo-Mitsubishi UFJ, Citibank, Mizuho Financial Group, China Development Bank
- Thai-Binh-1: VND 26,500 billion (US$1.16 billion), with 85% from Japan International Cooperation Agency (JICA) and 15% from EVN
Articles and resources
- NHÀ MÁY NHIỆT ĐIỆN THÁI BÌNH 1 (EVN) 2X300MW, Wikimapia, accessed Apr. 2015.
- NHÀ MÁY NHIỆT ĐIỆN THÁI BÌNH 2 (PVN) 2X600MW, Wikimapia, accessed Apr. 2015.
- "Contract signed for Thai Binh 2 power plant", Vietnam+, February 28, 2011.
- "Work on Thai Binh 2 thermo power plant to start in December 2010", Vietnam Business News, June 26, 2010.
- PVN Commence the Construction of the 1,800 MW Electricity Center, PetroVietnam press release, May 17, 2009.
- Ex-Im Bank Won't Finance Vietnam Coal-Fired Power Plant, Reuters, July 18, 2013.
- Kate Sheppard, US Won't Fund a Massive Coal Plant in Vietnam, Mother Jones, 19 July 2013.
- Contract Inked for Thai Binh Power Plant Construction, Vietnam+, Dec. 26, 2013.
- Construction of Thai Binh power plant set to begin, Viet Nam News, 24 Feb. 2014.
- Thai Binh Thermal Power Plant and Transmission Lines Construction Project, Japan International Cooperation Agency website, 6 July 2015.
- "EVN commissions 600 MW Thai Binh-1 coal-fired power plant," Asian Power, 30 May 2017
- "Thai Binh Thermal Power Plant Project," Electricity of Vietnam, accessed 25 January 2018
- "Projects that have been and are being Invested" Petrovietnam Power Corporation.
- Thai Binh 2 Thermal Power Plant Begins Construction, EPRO News, Mar. 2, 2011.
- US $820 Million EPC Contract Signed for Thai Binh 2 Power Plant, Hanoi Taiwanese Economic & Cultural Office press release, June 4, 2012.
- Thai Binh 2 Thermal Power Plant: Installation of first steel structure, PetroVietnam press release, 19 Aug. 2014.
- Thai Binh 2 Thermal Power Plant has been made the Cooling Pipe System by Vietnam, Vietnam Energy, 27 May 2015.
- Nhà máy Nhiệt điện Thái Bình 2 thành công lắp đặt bao hơi Tổ máy số 2, Vietnam Ministry of Industry & Trade website, 19 May 2015.
- "Dự án Nhiệt điện Thái Bình 2 điều chỉnh hợp đồng giữa 'tâm bão'," Zing.vn, 12 December 2017
- Thai Binh 2 Thermal Power Plant: The difficult problem from the Ministry of Industry and Trade turned to 'Super Committee', Vietnambiz, Dec. 31, 2018
- "TKV khởi động dự án nhiệt điện 440MW tại Thái Bình," Nang Luong Vietnam, 23/07/2018
- Thai Binh Power Plant Credit Agreement Reached, Vietnam+, Aug. 23, 2013.
- Petrovietnam Gets $795.25 Million Syndicated Loans for Coal-Fired Power Plant Project, Wall Street Journal, Dec. 9, 2013.
- "Thermal power project warms up," Vietnam News, 10/2013