Adjacent to the rapidly advancing Hai Lang LNG project, T&T Group has put forth a proposal to invest in another monumental LNG power project, built upon the legacy of the Quang Tri 1 coal-fired thermal power plant.
The proposal of replacing project investor on Quynh Lap 1 thermal power plant located in Nghe An province, which costs over $2 billion is expected to speed up the progress of construction and operation to secure the existing plan on national energy security.
The Hanoi People’s Court today opened the first instance hearing of the trial of Dinh La Thang and 21 other defendants accused of serious economic crimes at PetroVietnam Construction Corporation (PVC).
The expansion of Vinh Tan 4 Thermal Power Project has a total investment of VND23 trillion (more than US$1 billion) and is expected to come into operation at the end of 2019.
Vietnam will face grave consequences if it does not take strict action against pollution while striving to achieve the goal of 7% annual economic growth and power sector's 11% annual growth.
The Ministry of Industry and Trade (MOIT) is consulting with Long An and HCMC local authorities about the location for the Long An Power Center, which HCM City opposes.
