|Representatives of GENCO 1 and Sumitomo Corporation hand over their signed agreement to each other. The plant is expected to generate 3.9 billion kWh. — Photo Ngoc Ha
HA NOI (VNS) — Power Generation Company 1 (GENCO 1), part of the Electricity of Viet Nam Group, signed a deal with Japan's Sumitomo Corporation on Tuesday to expand Duyen Hai 3 thermal power plant.
The work will be done by the Japanese corporation under an Engineering, Procurement and Construction (EPC) contract worth US$891.6 million, of which 85 per cent comes from domestic and foreign commercial loans.
The project will include the construction of a turbine with a design capacity of 660 MW, which will help the plant, whose construction began in 2012, generate 3.9 billion kWh.
At the signing ceremony, GENCO 1 chairman Nguyen Loan said the Duyen Hai 3 plant covered an area of 878 hectares in Dan Thanh Commune, Duyen Hai District.
It is one of four thermal power plants in the Mekong Delta provinc e of Tra Vinh. They have a total capacity of 4,200 MW.
Tsutomu Akimoto, a representative of Sumitomo Corporation, said his company had built EVN's first thermal power plant, the Pha Lai 2 plant, a decade ago and it was still operating smoothly.
Construction of the expanded Duyen Hai 3 plant will start this December with a total investment of $1.82 billion, including the EPC contract part signed on Tuesday for the plant and other infrastructure parts such as roads and port.
The plant extension is expected to be operational in 2018. — VNS