Vietnam awards $981 mln power plant to Marubeni

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State utility Vietnam Electricity said on Tuesday it had signed a deal with Japan's Marubeni Corp for the construction of a thermal power plant worth $981 million near the site of the country's second oil refinery.

The 600 megawatt power plant, planned to begin operation in 2013-2014, will be 85 percent funded by Japanese official development assistance loans, Vietnam Electricity said in a statement on its website.

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