VietNamNet Bridge - Prime Minister Nguyen Xuan Phuc has assigned the Vietnam Electricity Group (EVN) to replace the Vietnam National Oil and Gas Group (PetroVietnam) as the investor of the $1.7 billion Quang Trach Thermal Power Plant 1 in the central province of Quang Binh.

Sketch of the $1.7 billion Quang Trach Thermal Power Plant 1

This project is located in Vinh Son village in Quang Dong commune, Quang Trach district, Quang Binh province, covering a total area of 199ha, with a capacity of 1,200 MW. The total investment capital is nearly $1.7 billion, using coal as the major fuel to produce 8.4 billion kWh a year.

This project was initially invested by PetroVietnam. It was launched in July 2011 and expected to be completed and put into operation in December 2015. 

But so far, only some basic works have been done and the construction pace is one year slow than plan. More than a month ago, Quang Binh authorities also asked the government to change the investor, from Petrovietnam to EVN.

The Prime Minister also decided to give the Quang Trach Thermal Power Plant 2, with a capacity of 1,200 MW, in Quang Binh province to EVN. Previously, Inter RAO (Russia) was permitted to research and develop this project.

The Prime Minister allowed the Vietnam Coal and Mineral Industry Group (Vinacomin) to continue developing Quynh Lap 1 thermal power plant in Quynh Lap district of Nghe An province. 

Nam Nguyen