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Nam Dinh pick up thermal power projects with over 2 billion capital
The Ministry of Planning and Investment has cooperated with Nam Dinh Provincial People's Committee to grant Nam Dinh 1 BOT Thermal Power Investment Certificate for Nam Dinh Power Company Limited with total investment capital of more than US $ 2 billion, acreage 242.71 ha in Hai Chau and Hai Ninh, Hai Hau district.

Specifically, The investor Project Company Limited Nam Dinh Electricity 1 (based in Singapore), due to partnership investments taekwang group Power (Korea) and Acwa Power (Saudi-Arabia ) investment.

Project Thermal Power Plant BOT Nam Dinh 1 is done on the basis of Build - Operate - Transfer signed with the Ministry of Industry and Trade, the location of the project in Hai Chau and Hai Ninh, Hai Hau district , Nam Dinh province with 242.71 ha area, a total investment of more than $ 2 billion.

Deputy Minister of Planning and Investment Dang Huy Dong spoke at the ceremony.


The investor will design, construct, operate and transfer a coal-fired thermal power plant with a capacity of 1,109.4 MW, comprising two units with a capacity of about 554.7 MW each. The date of commercial operation of the Unit 1 no later than 51 months after the commencement date. Construction and commercial operation not later than 57 months after the commencement date. The term of operation of the BOT contract is 25 years after the commercial operation date of the power plant. It is known that before the investment certificate was granted, the parties have spent 10 years negotiating and this is also the largest FDI project in Nam Dinh province. The successful implementation of the project will create an important impetus for the socio-economic development of Nam Dinh province, creating a budget revenue, step by step creating a new face and contributing to the successful realization of the target. Provincial Party Congress XIX. At the same time, supplement the power source for Nam Dinh province, the Red River Delta in particular and Vietnam in the coming years.

Deputy Minister of Planning and Investment Dang Huy Dong presented the investment certificate to representative of investor Nam Dinh Power Company Limited First


Speaking at the ceremony, Deputy Minister Dang Huy Dong suggested investors concentrate resources to build factories to ensure timely progress, well implement the regulations on environmental protection. "The project must become a modern, environmentally friendly power industry complex," said Dang Huy Dong.

In the immediate future, Dang Huy Dong asked investors to complete the procedures soon, including the signing of BOT contract with the Ministry of Industry and Commerce ...

Vice Minister Dang Huy Dong acknowledged that the Nam Dinh 1 BOT Thermal Power Plant project is of great importance and motivates the socio-economic development of Nam Dinh province and adds energy to the Dong area. the Red River and the whole country.

On the Nam Dinh province, Chairman of Nam Dinh Provincial People's Committee Pham Dinh Nghi thanked the Government, Ministry of Industry and Trade, Ministry of Planning and Investment and other concerned ministries and agencies for their interest and create favorable conditions for Nam Dinh and Investors complete the procedure. Nam Dinh Province is committed to creating all favorable conditions under the law for investors to implement the project, assigning the Management Board of the Industrial Parks as a focal point along with other departments, the Hai Hau District People's Committee in coordination with Investors carry out related procedures and work.

                                                                 Manh Tung - Phuong Lien - Investment Newspaper

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