Mitsubishi to begin $2.5B power plant in Ha Tinh, Vietnam

Japan’s Mitsubishi Corporation is making the final preparations before the ground breaking for the Vung Ang 2 thermo-power plant in the central province of Ha Tinh in June 2014.

The Ministry of Planning and Investment would soon grant the investment registration certificate to the $2.5 billion project.

The Mitsubishi Corporation has begun the site clearance for the power plant, designed to have a capacity of 1,320MW and two turbines. It will be built on 42 hectares in Ky Anh District, next to the Vung Ang 1 thermo power plant, under the build-operate-transfer form.

The plant’s turbine 1 is expected to begin operations by 2018.