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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
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Ho Chi Minh City
Friday, April 4, 2025

Thai Binh inaugurates 1,200-MW thermal power plant

The Saigon Times

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HCMC – The 1,200-MW Thai Binh II thermal power plant in the northern province of Thai Binh was inaugurated today, April 27, with Prime Minister Pham Minh Chinh attending the ceremony, according to the local media.

The power station covers a total area of over 131 hectares in My Loc Commune, Thai Thuy District, and is operated by the Vietnam Oil and Gas Group.

With a capacity of 1,200 MW, the plant is expected to supply about 7.2 billion kWh of electricity to the national grid annually and generate annual revenue of around VND18 trillion.

This facility is expected to contribute over VND400 billion annually to the State budget and create jobs for more than 400 local workers.

Speaking at the ceremony, PM Pham Minh Chinh emphasized that the plant will help ensure energy security for the northern region and the whole country, especially during the hot season from May to July.

He asked the Vietnam Oil and Gas Group to continue accelerating the progress of other power projects, particularly the Long Phu I thermal power plant.

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