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OVER VND 18,600 BILLION FOR INVEST TO DUNG QUAT I POWER PLANT

On October 25, 2019, the Prime Minister issues the Circular No. 1461/QD-TTg on approving investment policies for Dung Quat I Mixed Gas Turbine Power Plant Project.

Accordingly, the Government approves investment policies for the Dung Quat I Mixed Gas Turbine Power Plant Project with the total investment (preliminary) of VND 18,663.679 billion, including shared technical items in Dung Quat Power Plant Center. In which, ownership capital of EVN shall be 20% and the other 80% shall be commercial loan.

The project is expected to begin in January 01, 2021 and be operated commercially in December 2023 with combined-cycle in 750MW capacity. This Project shall be implement synchronously with gas supply progress of the upstream project within the Blue Whale Gas Projects Dung Quat I Mixed Gas Turbine Power Plan shall be constructed in the Power Center in Binh Thanh commune, Binh Son district, Quang Ngai province. Official residences for operational management officers and employees of the Plant shall be set at Van Tuong Urban Area of Binh Son.

This Decision takes effect on the signing date.

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