Thai Binh 2 Thermal Power Plant

The Thai Binh 2 Thermal Power Plant is a $1.6 billion 1,200 megawatt power station which is currently under construction at the Thai Binh Power Center. The project is being developed by Vietnam's state oil and gas group Petrovietnam. The project is located on 43 hecatres of land in My Loc commune, Thai Thuy district, Thai Binh northern Province in Vietnam. Construction commenced in March 2011.

In July 2013, the U.S. Export-Import Bank voted against funding the plant, saying it does not meet the Bank’s carbon standards. Five environmental groups has called on President Barack Obama not to fund the plant, calling the project "the first crucial test case" of his recently unveiled Climate Action Plan, which included a commitment to end financing of overseas coal-fired power plants with public funds.

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