Vung Ang 2 coal plant
Sector: Geothermal • Location: Vietnam
Source: World Bank Group
The project entails the construction of a 1230 MW coal fired power plant in Ha Tinh, Vietnam. Total investment stands at $ 2.2 billion. SPV is Vung Ang II Thermal Power LLC, owned by the sponsors of the project Mitsubishi Korea Electric Company, Chugoku Power Electric Company and Shikoku Power Electric company. Debt providers are Mitsubishi UFJ Financial Group, Mizuho Financial Group, Sumitomo Mi
- Status
- Prospective
- Sector
- Geothermal, Power Generation (CCGT), Government, Manufacturing (Industrial)
- Location
- Vietnam
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a 1230 MW coal fired power plant in Ha Tinh, Vietnam. Total investment stands at $ 2.2 billion. SPV is Vung Ang II Thermal Power LLC, owned by the sponsors of the project Mitsubishi Korea Electric Company, Chugoku Power Electric Company and Shikoku Power Electric company. Debt providers are Mitsubishi UFJ Financial Group, Mizuho Financial Group, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Holdings, Export Credit Agency, Japan Bank for International Cooperation and Bank of China. The total debt is $ 1.7 billion. South Korea's Doosan Heavy Industries & Construction and Samsung C&T were among the construction contractors involved in the project. The construction is going to start in December 2021. https://www.ijglobal.com/data/transaction/20423/vung-ang-2-coal-fired-power-plant-12gw-ipp |
Original sector | Energy |
Budget |
Location
Country | Vietnam |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Geothermal, Power Generation (CCGT), Government, Manufacturing (Industrial) |
Article published date | 2024-09-21 |
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