Vinh Tan 1 1200MW Thermal Power Plant

5/6/2015
Project development

$ 1.75 billion

Announced

5/6/2015


Overview:

  • Vinh Tan 1 is a 1200MW thermal power plant being built by Chinese energy firms China Southern Power Grid, China Power International Development and Vinacomin Power Holding.
  • Its first generator is expected to start commercial operation in December 2018, whereas the second generator will be operational in June 2019.
  • This is China's largest investment in Vietnam: China Southern Power Grid and China Power International Development hold 55% and 45% respectively and Vinacomin owns the remaining 5% of the project. 
  • It is one of three thermal power plants to be built in the central province of Binh Thuanthe others being Vinh Tan 2 (1200MW) and Vinh Tan 3 (2000MW).

Wai Yee Tsang - Journalist Asia-Pacific

Jurisdiction:

Vietnam

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firms:

Party: China Southern Power Grid (Sponsor)

Party: China Power International Holding (Sponsor)

Party: Vinacomin Power Holding Corporation (Sponsor)


Party: China Southern Power Grid (Sponsor)

Party: China Power International Holding (Sponsor)

Party: Vinacomin Power Holding Corporation (Sponsor)