Regional: Hyundai signs EPC contract for Mong Duong power plant

The Electricity of Viet Nam (EVN) and South Korean Hyundai Engineering and Construction Co Ltd have signed an Engineering, Procurement and Construction (EPC) contract in Ha Noi to build the main plant for Mong Duong 1 Thermopower project, Viet Nam News reported

The US$1.274 billion agreement formed part of the national electricity development programme in the period 2006-15, approved by Prime Minister Nguyen Tan Dung, which applied to coal-powered plants in Mong Duong Ward in Quang Ninh Province, 250km north-east of Ha Noi.

Covering an area of 55hectares, the 1,080-MW Mong Duong 1 Thermopower Plant was expected to generate 6.5 billion KWh annually.

The plant would use coal with thermopower technology suitable for Viet Nam's low-quality anthracite coal.

This technology has a high capacity with low costs, in addition to ensuring environmental protection.

The plant would consume about 3 million tonnes of coal per year.

The plant's first turbine was expected to become operational in the first quarter of 2015, with a second to follow in the third quarter of 2015. (*)