Vietnam’s PV Power to embark on thermal power plants

The PetroVietnam Power Corporation (PV Power) is embarking on the construction of nine thermal power plants under the adjusted Power Development Plan VII. The plants will have a total capacity of 5,250 MW and use domestic and imported gas. PV Power currently devising a plan to provide funding for NhonTrach 3 and NhonTrach 4 plants with a total investment of around $1.4 billion, 20 per cent of which will be sourced from the upcoming equitisation of the Hua Na, Dakdring and NhonTrach 1 plants.