Thai power firm Egati has been licensed by the Vietnamese government to build a US$2.26 billion, 1200 megawatt thermal power plant in the north-central province of Quang Tri.
The provincial administration announced Thursday that the plant will be built under the BOT (build-operate-transfer) form in Hai Lang Town. The plant will be transferred to Vietnam after a 25-year period, according to the committee.
The project, which covers an area of 450 hectares (1112 acres), of which 50 hectares are on the beach, will have two generators, with a designed capacity of 600 MW each. The first one is scheduled to become operational in 2019- 2020, and the next one ten years later.
When fully operational, the plant will be capable of producing around 7.25 billion kWh annually.
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