Mong Duong power station

Mông Dương power station is a 2,200-megawatt (MW) coal plant complex under development in Quảng Ninh province, Vietnam.

Location
The undated satellite photo below shows the plant site, which is in Mông Dương ward, Cẩm Phả city, Quảng Ninh province.

Background
In 2006, the Vietnamese government applied for a loan from the Asian Development Bank for the construction of Mông Dương-1, a proposed two-unit, 1,080-MW, mine-to-mouth coal-fired power plant in the Mông Dương district of Cẩm Phả city, in the heart of Vietnam's coal mining region. At the time, Electricity of Vietnam (EVN), the sponsor of Mông Dương-1, was going through privatization. In October 2011, after years of apparent delays, construction on Mông Dương-1 broke ground, with Hyundai Construction & Engineering, a subsidiary of Hyundai Motor Group, serving as engineering & construction contractor. The first unit is expected to start operating in Q1 of 2015, and the second unit in Q3 of 2015.

In December 2008, the Vietnamese government agreed to grant an investment license to AES-VCM Mong Duong Power Company, a subsidiary of U.S. company AES, to build the 1,120-MW Mông Dương-2. In Dec. 2010, with all necessary permits in hand, AES hired Korea's Dooson Heavy Industries, a subsidiary of the Doosan Group, to build the plant, with completion scheduled for 2015. AES began construction in Sept. 2011, after gaining $1.5 billion in financing from 14 banks & credit agencies for the $2 billion project. As of Oct. 2013, the first turbine is scheduled to come online in late 2014, and the second in mid-2015. The plant will revert to Vietnamese government ownership after 25 years.

Project Details

 * Sponsor: Electricity of Vietnam (Mông Dương-1); AES-VCM Mong Duong Power Company (Mông Dương-2)
 * Parent company: Electricity of Vietnam (Mông Dương-1); AES (Mông Dương-2)
 * Location: Mông Dương ward, Cẩm Phả city, Quảng Ninh province, Vietnam
 * Coordinates: 21.07448, 107.35159 (exact)
 * Status: Under construction
 * Gross Capacity: 2,200 MW (1,080 MW Mông Dương-1; 1,120 MW Mông Dương-2)
 * Type: Subcritical
 * Projected in service: 2014-15 (both plants)
 * Coal Type: Anthracite
 * Coal Source: Vinacomin (Mông Dương-2)
 * Source of financing: Asian Development Bank (Mông Dương-1); 14 banks & credit agencies (Mông Dương-2)

Related SourceWatch articles

 * Vietnam and coal

External resources

 * "Coal-Fired Plants Financed by International Public Investment Institutions Since 1994", Appendix to Foreclosing the Future: Coal, Climate and International Public Finance: Investment in coal-fired power plants hinders the fight against global warming, Environmental Defense, April 2009.