Van Phong 1 Thermal Power Plant

Van Phong 1 is a 1,320MW  super-critical coal-fired power plant under construction in the Khanh Hoa province of Vietnam.

The £2.2bn ($2.6bn) project is being developed on a build-operate-transfer (BOT) basis by Van Phong Power Company, a wholly-owned subsidiary of Japan-based Sumitomo Corporation.

Vietnam’s Ministry of Industry and Trade and Sumitomo Corporation signed an investment agreement for the 1.32GW project in May 2017 while the investment registration certificate for the same was granted in July 2017.

The Van Phong 1 power project is backed by a 25-year power purchase agreement with state-owned utility Vietnam Electricity (EVN).

Location of Project: Khanh Hoa, Vietnam
Application time: 2020
Project Owner: VPCL
Project type: Industrial
Products/System Used: Chartek 2218