Malaysia Firm to Build $2B Coal-fired Power Plant in North Vietnam

3:15:51 PM | 18/5/2009

Jaks Resources Bhd Group of Malaysia will build a 1,200-MW coal-fired power plant worth $2 billion in northern Hai Duong province.
 
Jaks Resources Bhd group has signed a memorandum of understanding with the Vietnamese Ministry of Industry and Trade.
 
The Malaysian firm will develop the plant under the BOT (Build-Operate-Transfer) form.
 
The two-turbine plant is slated for groundbreaking in October 2010 in Kinh Mon district, and is expected to generate 7.8 billion kWh of power annually by early 2014. (Vietnam Economic Times)

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