ITA Group Seeking Contractors for US$7.7 Bln Power, Port Complex
Tan Tao Group (ITA Group) December 10 opened up bidding for construction of US$7.7 billion Kien Luong thermal power and seaport complex in Mekong Delta Kien Giang province, state media reported, citing the group's sources.
Numerous Vietnamese and foreign consultants such as Black & Veatch, SEI, FHDI, and PECC 2 and other strategic partners of the U.K.’s International Power, Japan’s Sojitz & Kuyshu are interested in the complex, ITA said.
Of the total investment for the complex, US$6.7 billion is poured into 5,200-MW thermal power center while the rest of US$1 billion into Nam Du and Kien Luong ports.
The first phase of the complex is estimated to cost US$2.5 billion, according to ITA Group's chairwoman Dang Thi Hoang Yen.
The 556-hectare complex, which consists of three main thermal power plants in local Ba Hon hamlet in Kien Luong district, will become Vietnam’s largest thermal power project to be built by a Vietnamese private company.
The center is slated for groundbreaking early next year with the first operation in 2013. It is estimated to consume 10 million tons of coal annually once fully operational in 2016.
ITA Group has been developing infrastructure and industrial parks for the past 12 years. It also involved in other projects such as Tan Son Nhat Express Way, Nam Na 3 hydropower and Long An water plants. (Thanh Nien, VNS)
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