MoIT – Nghi Son 2 Coal -Fired Thermal Power Plant 1200 MW – Thanh Hoa - Project Profile

MoIT – Nghi Son 2 Coal -Fired Thermal Power Plant 1200 MW – Thanh Hoa - Project Profile


"MoIT – Nghi Son 2 Coal-Fired Thermal Power Plant 1200 MW – Thanh Hoa- Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MoIT – Nghi Son 2 Coal-Fired Thermal Power Plant 1200 MW – Thanh Hoa- Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.


The Ministry of Industry and Trade (MoIT) is undertaking the construction of a thermal power plant in Thanh Hoa Province, Vietnam.

The project involves the construction of a 1,200MW coal-fired thermal power plant comprising two units of 600MW each.

It will include the construction of a substation, a coal handling unit, an ash collector unit, chimneys, cooling towers and a water tank, the installation of turbines, generators, transformers, heaters, boilers, water pumps and condensers, and the laying of transmission lines.

In late 2007, Government of the Socialist Republic of Vietnam (GoSRV), through MoIT, announced a process of selecting a project sponsor to develop and operate the plant on build-operate-transfer (BOT) basis with a concession period of 20 years. The project sponsor will be responsible for financing, designing, constructing, operating and maintaining the project.

In December 2007, an expression of interest (EOI) was issued for BOT contractor. However, it was delayed and the submission deadlines were extended several times.

In November 2009, revised project documents were released. In August 2011, three bidding groups who submitted proposals are identified as EDF (advised by HSBC), Marubeni with Korea Electric Power Corporation (Kepco) (advised by Sumitomo Mitsui Banking Corp) and GDF with Mitsui (advised by BNP Paribas).

In April 2012, MoIT declared the consortium comprising Marubeni Corp and Kepco as the sole qualifying bidder for the project.

Logmarin Advisors has been appointed by Marubeni Corporation and Kepco consortium to design and estimate the most cost-effective transport and logistics solution for the supply of imported coal.

MoIT has engaged International Finance Corporation (IFC), the private-sector arm of the World Bank Group, as transaction adviser for the preparation and implementation of a tender for the project’s development.

Power Engineering Consulting Joint Stock Company 3 (PECC3) has been appointed to prepare the technical proposal.

On March 19, 2013, Marubeni Corporation and Kepco joint venture (JV) was awarded the BOT contract.

On May 17, 2013, Joint Stock Company 1 Power Construction Consulting (PECC1) and PECC3 were appointed as feasibility study consultants.

In December 2014, Doosan Heavy Industries & Construction (Doosan) was awarded a contract worth US$1,600 million. The scope of the contract covers the entire process, ranging from design, construction and equipment supply and installation to test operations.

Of the total project value, JV of Marubeni Corp and Kepco contributes US$575 million.

On September 18, 2015, a ground breaking ceremony was held, marking the start of construction.

On November 8, 2016, Marubeni Corp and Kepco has signed the investment agreement for the project.

Construction activities are underway with completion scheduled for the first unit in June 2019 and second unit in March 2021.


The project involves the construction of a 1,200MW coal-fired thermal power plant at Nghi Son in Thanh Hoa Province, northern central Vietnam.

The US$2,800 million project includes the following:

1. Construction of a substation

2. Construction of a coal handling unit

3. Construction of an ash collector unit

4. Construction of chimneys

5. Construction of cooling towers

6. Construction of a water tank

7. Installation of turbines

8. Installation of generators

9. Installation of transformers

10. Installation of heaters

11. Installation of boilers

12. Installation of water pumps

13. Installation of condensers

14. Laying of transmission lines

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.

1.Key Statistics
2.Key Dates
4.Operating metrics
5.Tender Information
8.Latest update
10.Key Contacts
11.General News, Project News

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook