Vung Ang 1 Thermal Power Plant

The Vung Ang 1 Thermal Power Plant is a proposed $1.6 billion 1,200-megawatt coal-fired power station under construction in the central province of Ha Tinh. The plant is slated to be commissioned in July 2012. On April 22, 2011, Reuters reported that a consortium of five foreign banks and Vietnam's state oil and gas group Petrovietnam had signed credit contracts worth $904 million to fund the project. Lenders included HSBC, China Development Bank, Bank of Tokyo-Mitsubishi UFJ, Credit Suisse and Italy's Intesa SanPaolo.

Location
The plant is on the east side of Hai Phong village, Ky Loi commune, Ky Anh district, Ha Tinh province, within Vung Ang Port industrial zone, about 8 km from National Highway 1A.

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