The project will cost around $1.46b.
The state-run energy company PetroVietnam Power Corporation (PV Power) has received governmental approval for the construction of two gas-fired power plants - in which it holds a 51% stake - in the Ong Keo Industrial Zone (Dong Nai province of Vietnam) at a total cost of US$1.46bn. The two power plants, namely Nhon Trach-3 and Nhon Trach-4, will have a total combined capacity of 1,500 MW. They will come onstream respectively in 2020 and 2021, as highlighted in the National Power Development Master Plan VII.
This article was originally published by Enerdata.
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