New energy station has first boiler drum installed

• Mong Duong 1 Thermal Power Plant under construction 

Mong Duong 2 is the first and biggest built-operate-transfer (BOT) plant in Vietnam to date with funding contributed by US’s AES Group, the Posco Power Group from the RoK and the China Investment Corporation.

This is a significant milestone on the completion schedule, along with finishing the steel structure and installing the rest of the plant’s boilers.

Speaking at the ceremony, David Stone, the General Director of the AES-VCM Mong Duong Power Company, which is responsible for the project, promised to complete the project on time to help Vietnam to meet its increasing demand for power.

Construction started at the Mong Duong 2 thermal power station in August last year and to date 40 percent of the work has been completed. It currently employs 180 technicians and 2,350 local workers.

The plant is scheduled to be fully operational by 2015, capable of producing 7.6 billion kWh of power annually. The power station will be handed over to the Vietnamese Government after 25 years.