Malaysian firm, JAKS Resources Berhad Group, started construction on a 1,200-MW coal-fired power plant in the northern province of Hai Duong on September 9.
 |
| The groundbreaking ceremony |
The plant, located in Kinh Mon District, will cost a total of USD2.25 billion, and will be the largest built with foreign direct investment.
National Assembly’s Vice Chairman Nguyen Thi Kim Ngan, Deputy Prime Minister Nguyen Thien Nhan and the Malaysias ambassador to Vietnam all attended the groundbreaking ceremony.
Speaking at the ceremony, Deputy Prime Minister Nguyen Thien Nhan said the plant is expected to significantly increase the power supply in Vietnam once it is up and running.
He also requested that JAKS Resources Berhad strictly comply with the construction time-table, pay due attention to environmental impacts and use local labour in the construction process.
The two-turbine power plant will occupy 300 hectares of land in the district and will be built under BOT (Build-Operate-Transfer) model.
The first turbine of the plant is expected to begin operation at the end of 2016.
