KOWEPO to build $1.85 billion thermal power plant in Vietnam

• 7 years ago (2017-02-08)
• David Flin

Asia 847 Coal 274

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Korea Western Power (KOWEPO) of South Korea has announced plans to construct a 1200 MW coal-fired power plant in the Vietnamese central province of Quang Tri in 2018. The plant is scheduled to become operational in 2021.

An MOU on the project signed last month said that KOWEPO will invest $1.85 billion in the Quang Tri Power Plant No 2, which will be located in the province’s Southeast Economic Zone. KOWEPO will own and operate the power plant for 25 years. It will also carry out construction management and O&M services.

Jung Young-chul, General Manager of the Planning and Management Division of KOWEPO, said: “We will establish a growth base in Vietnam, and make a full-scale entry into the Indochina power generation market by successfully completing this project.”