Works of the Vinh Tan 1 coal-fired power plant projects have officially started in Tuy Phong District, province of Binh Thuan, Vietnam, where it is expected to play an essential role in supplying electricity in southern Vietnam. The 1,240 MW project is built under the form of build-operate-transfer (BOT) by two Chinese companies, namely China Southern Power Grid and Chinese Power International Development, and the Vietnam National Coal and Mineral Industries Group (Vinacomin). Chinese companies will own 95% of the US$1.75bn project and Vinacomin the remaining 5%. The power plant is expected to produce 9.5 TWh/year and should be completed in 2019.
The Government of Vietnam announced the power plants in the country's central and southern regions will have to use imported coal as coal production will not meet the rising demand for power production. Coal imports should come mainly form Indonesia and Australia.
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