Difference between revisions of "Quang Trach Power Center"

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The project has been delayed due to the recession. As of early 2015, PetroVietnam and the provincial government were working to bring the plant online by 2020.<ref name=plus/> As of April 2015, Petrovietnam had only acquired 60% of the land needed for the project, holding up further development.<ref>[http://baocongthuong.com.vn/du-a-n-trung-tam-nhie-t-die-n-qua-ng-tra-ch-1-chi-mo-i-hoa-n-tha-nh-60-khoi-luong.html Dự án Trung tâm Nhiệt điện Quảng Trạch 1 chỉ mới hoàn thành 60% khối lượng], ''Cong Thuong'', 16 Apr. 2015.</ref>
 
The project has been delayed due to the recession. As of early 2015, PetroVietnam and the provincial government were working to bring the plant online by 2020.<ref name=plus/> As of April 2015, Petrovietnam had only acquired 60% of the land needed for the project, holding up further development.<ref>[http://baocongthuong.com.vn/du-a-n-trung-tam-nhie-t-die-n-qua-ng-tra-ch-1-chi-mo-i-hoa-n-tha-nh-60-khoi-luong.html Dự án Trung tâm Nhiệt điện Quảng Trạch 1 chỉ mới hoàn thành 60% khối lượng], ''Cong Thuong'', 16 Apr. 2015.</ref>
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In October 2016 state-run Electricity of Vietnam (EVN) took over the project, due to delays by PetroVietnam.<ref>[http://fossilfuel.energy-business-review.com/news/evn-to-take-over-petrovietnams-17bn-power-plant-project-in-vietnam-201016-5037505 "EVN to take over PetroVietnam’s $1.7bn power plant project in Vietnam,"] EBR, 20 October 2016</ref> EVN will resume construction of Quang Trach I thermal power plant at the end of 2017, with the first turbine coming into test operation in 2021 and the second unit in 2022.<ref name=vir>[http://www.vir.com.vn/evn-to-resume-quang-trach-i-in-late-2017.html "EVN to resume Quang Trach I in late 2017,"] VIR, Nov 22, 2016</ref>
  
 
===Quảng Trạch-2===
 
===Quảng Trạch-2===
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In February 2015, Russian company [[Inter RAO]] signed a memorandum of understanding with the Quang Binh provincial government to build Quảng Trạch-2 under a build-own-transfer (BOT) scheme, at a cost of $2.4 billion. Inter RAO said it would submit a formal proposal to the provincial government by the end of March. The plant would be brought online in 2024-25.<ref>[http://tuoitrenews.vn/business/25890/russias-inter-rao-to-develop-24bn-thermal-power-plant-in-central-vietnam Russia’s Inter RAO to develop $2.4bn thermal power plant in central Vietnam], Tuoi Tre News, 4 Feb. 2014.</ref><ref name=plus>[http://en.vietnamplus.vn/Home/Quang-Binh-Russian-company-to-build-thermal-power-plant/20151/61064.vnplus Quang Binh, Russian company to build thermal power plant], Vietnam+, 30 Jan. 2015.</ref> In April 2015, Korean firm [[POSCO|POSCO Group]] announced that it wanted to join the project as a co-investor.<ref>[http://pecc2.com/MFE/Detail.aspx?newsID=557 Tập đoàn POSCO (Hàn Quốc) sẽ đầu tư Nhà máy nhiệt điện Quảng Trạch 2], EVN press release, 2 Apr. 2015.</ref>
 
In February 2015, Russian company [[Inter RAO]] signed a memorandum of understanding with the Quang Binh provincial government to build Quảng Trạch-2 under a build-own-transfer (BOT) scheme, at a cost of $2.4 billion. Inter RAO said it would submit a formal proposal to the provincial government by the end of March. The plant would be brought online in 2024-25.<ref>[http://tuoitrenews.vn/business/25890/russias-inter-rao-to-develop-24bn-thermal-power-plant-in-central-vietnam Russia’s Inter RAO to develop $2.4bn thermal power plant in central Vietnam], Tuoi Tre News, 4 Feb. 2014.</ref><ref name=plus>[http://en.vietnamplus.vn/Home/Quang-Binh-Russian-company-to-build-thermal-power-plant/20151/61064.vnplus Quang Binh, Russian company to build thermal power plant], Vietnam+, 30 Jan. 2015.</ref> In April 2015, Korean firm [[POSCO|POSCO Group]] announced that it wanted to join the project as a co-investor.<ref>[http://pecc2.com/MFE/Detail.aspx?newsID=557 Tập đoàn POSCO (Hàn Quốc) sẽ đầu tư Nhà máy nhiệt điện Quảng Trạch 2], EVN press release, 2 Apr. 2015.</ref>
  
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According to the revised Power Development Plan VII (2016), the project is scheduled for 2028 and 2029.<ref name=PDP>DANH MỤC CÁC DỰ ÁN NGUỒN ĐIỆN VÀO VẬN HÀNH GIAI ĐOẠN 2016 - 2030, Ban hành kèm theo Quyết định số 428/QĐ-TTg ngày 18 tháng 3 năm 2016 của Thủ tướng Chính phủ (''LIST OF POWER PROJECT IN OPERATION PERIOD 2016 - 2030, Issued together with Decision No. 428 / QD - TTg of March 18, 2016 by the Prime Minister'')</ref>
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In 2016 state-run Electricity of Vietnam (EVN) said it will replace Russian Inter RAO Group to carry out a pre-feasibility study on Quảng Trạch-2.<ref name=vir/> According to the revised Power Development Plan VII (2016), the project is scheduled for 2028 and 2029.<ref name=PDP>DANH MỤC CÁC DỰ ÁN NGUỒN ĐIỆN VÀO VẬN HÀNH GIAI ĐOẠN 2016 - 2030, Ban hành kèm theo Quyết định số 428/QĐ-TTg ngày 18 tháng 3 năm 2016 của Thủ tướng Chính phủ (''LIST OF POWER PROJECT IN OPERATION PERIOD 2016 - 2030, Issued together with Decision No. 428 / QD - TTg of March 18, 2016 by the Prime Minister'')</ref>
  
 
==Project Details==
 
==Project Details==
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*'''Sponsor:''' [[PetroVietnam Group]] (Quảng Trạch-1); [[Inter RAO]] and [[POSCO|POSCO Group]] (Quảng Trạch-2)
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*'''Sponsor:''' Electricity of Vietnam (EVN) (taken over in 2016 from [[PetroVietnam Group]] for Quảng Trạch-1 and [[Inter RAO]] and [[POSCO|POSCO Group]] for Quảng Trạch-2)
 
* '''Parent company:'''
 
* '''Parent company:'''
 
*'''Location:''' Quảng Đông commune, Quảng Trạch district, Quảng Bình province, Vietnam
 
*'''Location:''' Quảng Đông commune, Quảng Trạch district, Quảng Bình province, Vietnam

Revision as of 22:45, 10 December 2016

{{#Badges:CoalSwarm|Navbar-Vietnamcoal}}Quảng Trạch Power Center is a 2,400-megawatt (MW) coal plant complex under development in Quảng Bình province, Vietnam.

Location

The map below shows the location of Quảng Đông commune, the location where the plant will be built in Quảng Trạch district, Quảng Bình province.

Background

The Quảng Trạch Power Center is a 2,400 megawatt power station, comprising two 1,200 megawatt projects, that is under development in Quảng Bình province.[1][2]

Quảng Trạch-1

Construction began on the $1.7 billion, two-unit, 1,200-MW Quảng Trạch-1 in July 2011. The project is being developed by Vietnam's state oil and gas group PetroVietnam. Unit 1 was originally scheduled to enter into commission by June 2015, and Unit 2 by Dec. 2015.[3][4]

The project has been delayed due to the recession. As of early 2015, PetroVietnam and the provincial government were working to bring the plant online by 2020.[5] As of April 2015, Petrovietnam had only acquired 60% of the land needed for the project, holding up further development.[6]

In October 2016 state-run Electricity of Vietnam (EVN) took over the project, due to delays by PetroVietnam.[7] EVN will resume construction of Quang Trach I thermal power plant at the end of 2017, with the first turbine coming into test operation in 2021 and the second unit in 2022.[8]

Quảng Trạch-2

While the two-unit, 1,200-MW Quảng Trạch-2 was originally scheduled to begin construction a year after Quảng Trạch-1, the second-phase plant struggled to find investors. In September 2013, Samsung reported that it was considering taking on the project; in August 2013, Russia's Inter RAO Group reported that it was also interested in the project.[9][10]

In February 2015, Russian company Inter RAO signed a memorandum of understanding with the Quang Binh provincial government to build Quảng Trạch-2 under a build-own-transfer (BOT) scheme, at a cost of $2.4 billion. Inter RAO said it would submit a formal proposal to the provincial government by the end of March. The plant would be brought online in 2024-25.[11][5] In April 2015, Korean firm POSCO Group announced that it wanted to join the project as a co-investor.[12]

In 2016 state-run Electricity of Vietnam (EVN) said it will replace Russian Inter RAO Group to carry out a pre-feasibility study on Quảng Trạch-2.[8] According to the revised Power Development Plan VII (2016), the project is scheduled for 2028 and 2029.[13]

Project Details

  • Sponsor: Electricity of Vietnam (EVN) (taken over in 2016 from PetroVietnam Group for Quảng Trạch-1 and Inter RAO and POSCO Group for Quảng Trạch-2)
  • Parent company:
  • Location: Quảng Đông commune, Quảng Trạch district, Quảng Bình province, Vietnam
  • Coordinates: 17.93654, 106.48679 (approximate)
  • Status: Construction (Quảng Trạch-1); Announced (Quảng Trạch-2)[13]
  • Gross Capacity: 2,400 MW (Quảng Trạch-1 and -2 Units 1 & 2: 600 MW)
  • Type: Supercritical
  • Projected in service: 2021/2022 (Quảng Trạch-1); 2028/2029 (Quảng Trạch-2)
  • Coal Type: Bituminous
  • Coal Source:
  • Source of financing:

Articles and resources

References

  1. ↑ "Projects that have been and are being Invested" Petrovietnam Power Corporation.
  2. ↑ "3tr dong for constructing Quang Trach Power Centre", Uni-Bros, Sept. 14, 2010.
  3. ↑ Summary Sheet: Quang Trach 1 Power Plant Project, PetroVietnam, Sept. 2011.
  4. ↑ Petrovietnam Units Sign $1.2 Billion Coal Power Plant Deals, Reuters, July 8, 2011.
  5. ↑ Jump up to: 5.0 5.1 Quang Binh, Russian company to build thermal power plant, Vietnam+, 30 Jan. 2015.
  6. ↑ Dự án Trung tâm Nhiệt điện Quảng Trạch 1 chỉ mới hoàn thành 60% khối lượng, Cong Thuong, 16 Apr. 2015.
  7. ↑ "EVN to take over PetroVietnam’s $1.7bn power plant project in Vietnam," EBR, 20 October 2016
  8. ↑ Jump up to: 8.0 8.1 "EVN to resume Quang Trach I in late 2017," VIR, Nov 22, 2016
  9. ↑ Samsung Eyes Vietnam's Power Sector, Investvine, Sept. 7, 2013.
  10. ↑ Numerous Vietnam-Russia Projects in the Offing, Saigon Times, Aug. 27, 2013.
  11. ↑ Russia’s Inter RAO to develop $2.4bn thermal power plant in central Vietnam, Tuoi Tre News, 4 Feb. 2014.
  12. ↑ Tập đoàn POSCO (Hàn Quốc) sẽ đầu tư Nhà máy nhiệt điện Quảng Trạch 2, EVN press release, 2 Apr. 2015.
  13. ↑ Jump up to: 13.0 13.1 DANH MỤC CÁC DỰ ÁN NGUỒN ĐIỆN VÀO VẬN HÀNH GIAI ĐOẠN 2016 - 2030, Ban hành kèm theo Quyết định số 428/QĐ-TTg ngày 18 tháng 3 năm 2016 của Thủ tướng Chính phủ (LIST OF POWER PROJECT IN OPERATION PERIOD 2016 - 2030, Issued together with Decision No. 428 / QD - TTg of March 18, 2016 by the Prime Minister)

Related SourceWatch articles

External resources

External articles

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