Hyundai to equip power plant

Dec 17th at 12:15
17-12-2012 12:15:55+07:00

Hyundai to equip power plant

A contract to provide and install VND1.57 trillion worth of equipment for the Mong Duong 1 thermal power plant in northern Quang Ninh Province was signed in Ha Noi last Friday.

Under the contract between Viet Nam Machine Installation Corporation (Lilama) and the primary contractor, Hyundai Engineering & Construction Co Ltd (HDEC), Lilama will install all of the plant's electro-mechanical equipment from December 2012, to October 2015.

The VND33.6 trillion (US$1.7 billion) power plant is funded by Viet Nam Electricity Corporation (EVN). It is one of the two facilities in the Mong Duong Electricity Centre - part of the National Electricity Development Plan for 2006-2015.

Mong Duong 1 includes two turbines that will have a combined capacity of 1,080 megawatts, generating 6.5 billion kWh hours per year.

The first and second turbines are expected to become operational in the first and third quarter of 2015, respectively.

vietnamnews



NEWS SAME CATEGORY

Agricultural options eyed in Cambodia

Representatives from over 100 Cambodian and Vietnamese companies gathered in Phnom Penh to seek agricultural investment opportunities between the two countries.

HCM City exports to top $30b

Total export turnover for HCM City in 2012 is estimated at US$30.25 billion, a year-on-year increase of 7.36 per cent, according the city's Department of Industry...

Booming e-commerce needs legal controls

To cope with the rapid development of e-commerce, the government must improve the laws on the industry and develop an infrastructure that can support it, an...

Shrimp firm turns down Thai bid

Shrimp processor Minh Phu MPC) would not sell shares to Thailand's CP Foods for the proposed price of VND50,000 (US$2.3) per share, the company said yesterday.

Sky high road tax kill logistics industry

The Ministry of Transport has raised the existing fees and set new kinds of fees, heaping logistics enterprises with big difficulties.

Seafood exports to S Korea on rise

Seafood export to South Korea is expected to grow steadily for the foreseeable future, a representative of the Viet Nam Association of Seafood Exporters and...

Domestic exports set to reach record highs

The country's export turnover this year is expected to reach roughly US$115 billion, an increase of 18 per cent over last year despite continuing global economic...

Auto sales decreases sink down the localities’ pockets

When automobile manufacturers’ association reported the sharp falls in the car sales, big worries have been raised--not only to the manufacturers, but to local...

Steel exports face head wind

The amount of steel in stock has not decreased significantly while imported steel – mainly from China – keeps increasing, according to the Ministry of Industry and...

Viet Nam anticipates record-high rice exports

Viet Nam hopes to export at least 550,000 tonnes of rice this month, which would bring full-year exports to a record-high of 7.65 million tonnes, according to the...


MOST READ


Back To Top