MW Hai Duong 2x600 Coal-Fired Power Project

27/3/2016
Project development

$ 1.912 billion

Announced

27/3/2016


Overview:

  • The MW Hai Duong Coal-Fired Power Project is a 25-year BOT 2x600MW project sponsored by Malaysian company Jaks Resources.
  • Jaks Resources entered into an agreement with China Power Engineering Consulting Group in July 2015 to jointly develop the plant via a 50/50 joint venture.
  • The project is expected to be commissioned in 2020, and construction started on 27 March 2016.
  • This is the first project financing to close under Decree No. 51/2015/ND-CP and may set the benchmark for the scope of Ministry of Justice Legal Opinions on future financings. 

Wai Yee Tsang - Journalist Asia-Pacific

 

Jurisdiction:

Vietnam

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firm:

Party: JAKS Pacific Power Limited (Sponsor)

Lawyer: Quynh Doan Linh