24 C
Ho Chi Minh City
Sunday, June 16, 2024

Long-stalled Quang Tri thermal power plant to be stopped

The Saigon Times

Must read

HCMC – Local authorities and EGAT International Co. Ltd., the project’s investor, have agreed on a plan to stop a long-stalled thermal power plant project in the north-central province of Quang Tri.

Ha Sy Dong, standing vice chairman of the provincial People’s Committee, advised EGAT International to carry out relevant procedures and minimize potential costs.

The firm is a member of EGAT Group, the sole power transmission service provider in Thailand.

In October 2022, the Thai Ministry of Energy endorsed the province’s recommendation on the cessation of the Quang Tri thermal power plant project, said Vo Van Hung, chairman of the provincial People’s Committee.

The decision came due to the project’s prolonged financial constraints and the net-zero commitments by 2050 jointly made by the Vietnamese and Thai governments, he added.

The 1,200MW-thermal power plant cost is VND55,000 billion, and covers 450 hectares in Quang Tri Province.

The project, approved in 2013, has yet to be launched although local authorities and the investor already held a groundbreaking ceremony in 2019.

According to local officials, the province will stick with the goal of being an energy powerhouse in central Vietnam, but it will prioritize more sustainable projects.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles