Hai Phong Thermal Power Station

From Global Energy Monitor
Part of the
Global Coal Plant Tracker,
a Global Energy Monitor project.
Download full dataset
Report an error
Related coal trackers:

Hai Phong Thermal Power Station is an operating power station of at least 1200-megawatts (MW) in Tam Hung, Thuy Nguyen, Hai Phong, Vietnam with multiple units, some of which are not currently operating.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Hai Phong Thermal Power Station Tam Hung, Thuy Nguyen, Hai Phong, Vietnam 20.94191, 106.76005 (exact)

The map below shows the exact location of the power station.

Loading map...


Unit-level coordinates (WGS 84):

  • Phase III Unit 1, Phase III Unit 2, Phase III Unit 3, Phase III Unit 4: 20.94191, 106.76005
  • Phase II Unit 3, Phase II Unit 4: 20.9397669, 106.7549156
  • Phase I Unit 1, Phase I Unit 2: 20.9427817, 106.7578707

Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Phase I Unit 1 operating coal - anthracite 300 subcritical 2011
Phase I Unit 2 operating coal - anthracite 300 subcritical 2011
Phase II Unit 3 operating coal - anthracite 300 subcritical 2013
Phase II Unit 4 operating coal - anthracite 300 subcritical 2014
Phase III Unit 1 cancelled coal - anthracite 600 unknown 2028
Phase III Unit 2 cancelled coal - anthracite 600 unknown 2029
Phase III Unit 3 cancelled coal - anthracite 600 unknown 2025
Phase III Unit 4 cancelled coal - anthracite 600 unknown 2025

Table 3: Unit-level ownership and operator details

Unit name Owner
Phase I Unit 1 EVNGENCO2 JSC [100.0%]
Phase I Unit 2 EVNGENCO2 JSC [100.0%]
Phase II Unit 3 EVNGENCO2 JSC [100.0%]
Phase II Unit 4 EVNGENCO2 JSC [100.0%]
Phase III Unit 1 Vietnam Coal-Mineral Industry [100.0%]
Phase III Unit 2 Vietnam Coal-Mineral Industry [100.0%]
Phase III Unit 3 Vietnam Coal-Mineral Industry [100.0%]
Phase III Unit 4 Vietnam Coal-Mineral Industry [100.0%]

Background

Hải Phòng-1 and Hải Phòng-2

In 2002, Electricity of Vietnam set up Hai Phong Thermal Power Joint Stock Company (of which it is the majority owner) to construct the Hải Phòng plant.[1]

In July 2005, Japan's Marubeni Corporation and China's Dongfang Electric Corporation were awarded the construction contract for Hải Phòng 1, a two-unit, 600-MW coal power plant in Hải Phòng province, near the city of Hải Phòng.[2]

In Nov. 2006, Hai Phong Thermal Power JSC signed a contract, again with Marubeni Corporation and Dongfang Electric Corporation, to build a second two-unit, 600-MW coal power plant, Hải Phòng-2, at the same location.[3]

Unit 1 came online in July 2011, and Unit 2 in November 2011.[4]

The first 300-MW unit of Hải Phòng 2 started operating in Aug. 2013, and the second in February 2014. The cost of the entire project was $1.2 billion.[5][4]

In September 2022, the power station's owner celebrated their 20 year anniversary. Since coming online, the project's four 300 MW units had exceeded the power output level set by the Ministry of Industry and Trade. In addition, the power station had met or exceeded all economic and technical indicators.[6]

However, Hai Phong Thermal Power Station reported losses in the forth quarter of 2022 and the first quarter of 2023.[7] The power station was reportedly generating profit again in the second quarter of 2023.[8]

In October 2023, Hai Phong Thermal Power Joint Stock Company was reportedly investing 1,570 billion VND in upgrades to the power station's exhaust gas treatment system in order to meet SO2 and NOx emissions parameters.[9]

Hải Phòng-2 Financing

In March 2007, a financing agreement for the Hải Phòng-2 was closed. Japan Bank for International Cooperation agreed to provide a US$38 million loan.[10] Mizuho Corporate Bank and Société Générale agreed to provide US$21 million in loans.[11] China Exim Bank provided a loan of US$3.4 million.[12][11]

Hải Phòng-3

Vietnam's 2011-20 National Master Plan for Power Development, approved in July 2011, lists a four-unit, 2,400-MW Hai Phong-3, to be built by Vinacomin. Unit 1 would come online in 2021, Unit 2 in 2022, and Units 3 & 4 in 2025.[13][14]

In March 2016, after meeting with Vietnam government officials, Thai company Ratchaburi Electricity Generating Holding (RATCH) said that it was interested in joining Vinacomin in the project.[15] In June 2019 the completion date for Unit 1 was delayed to 2028 and the completion date for Unit 2 was delayed to 2029 in the Ministry Of Industry And Trade's report on the implementation of the revised seventh Power Development Plan (PDP7).[16] In February 2020 the National Steering Committee for Electricity Development said that building Hải Phòng-3 as a gas plant should be explored as part of a plan to reduce coal power by 8,760 MW by 2025 and by 6,340 MW by 2030.[17]

According to the Revised Power Development Plan VII (2016), the status of the Hải Phòng-3 project was as follows:[18]

  • Hải Phòng-3 Unit 1 - delayed until 2028 (status: "Planned with investor identified," i.e. pre-permit development)
  • Hải Phòng-3 Unit 2 - delayed until 2029 (status: "Planned with investor identified," i.e. pre-permit development)
  • Hải Phòng-3 Units 3 and 4 - cancelled


In November 2020 it was reported that Hai Phong-3 and other coal plants whose construction had not yet begun would be cancelled under Vietnam's upcoming Power Development Plan VIII.[19][20] The plant would reportedly be fired by gas instead of coal.[19]

On July 4, 2022, the Ministry of Industry and Trade appeared to provide an update on the draft PDP. The document’s list of major power projects planned for 2021-2030 (PDF pages 18-20) did not include the project.[21] On July 15, 2022, the Deputy Prime Minister appeared to request further review of the major power projects that had been included in the revised PDP VII but not in the draft PDP VIII.[22] The project is presumed shelved for now.

A December 2022 Greenpeace report indicated that Hải Phòng-3 was pivoting to operation using LNG.[23]

In May 2023, Vietnam officially approved the updated power development plan (PDP8). Under this plan, the country will domestically generate 20% of its electricity needs with coal by 2030 and fully phase out coal-fired power stations by 2050. The plan involved increasing energy generation using coal to a peak of 30 GW and replacing all other outstanding coal projects with LNG or renewables. PDP8 listed Hai Phong III among the projects that would not move forward using coal.[24]

Financing

  • Hải Phòng-2: US$38 million in debt from Japan Bank for International Cooperation;[10] US$21 million in debt from Mizuho Corporate Bank and Société Générale;[11] US$3.4 million in debt from China Exim Bank[12][11]

Articles and Resources

References

  1. Coal-Fired Power Plants in Thailand & Vietnam, Power Plants Around the World website, accessed Jan. 2014.
  2. Marubeni Jointly Awarded Large Vietnamese Coal-Fired Thermal Power Plant with Giant Chinese Manufacturer of Heavy Machinery, Marubeni Corporation website, July 20, 2005.
  3. Hai Phong Power Plant Deal Signed, Viêt Nam News, Nov. 17, 2006.
  4. 4.0 4.1 Generating Unit 4 under Haiphong Thermal Power Plant connected to national grid, Talk Vietnam, 4 Mar. 2014.
  5. Hai Phong Thermal Power Heats Up, talkvietnam, Sept. 20, 2013.
  6. Nhiệt điện Hải Phòng: 20 năm xây dựng và phát triển, Vien Nang Luong Institute of Energy, September 16, 2022.
  7. Nhiệt điện Hải Phòng lỗ 20 tỷ đồng trong 2 tháng đầu năm 2023, Báo điện tử Đầu tư, March 6, 2023.
  8. Nhiệt điện Hải Phòng (HND): Lợi nhuận tháng 5 đạt 88,38 tỷ đồng, tăng 64% so với tháng 4, Báo Đầu tư, June 5, 2023.
  9. Nhiệt điện Hải Phòng:Tiên phong bảo vệ môi trường, khẳng định vai trò trong hệ thống điện quốc gia, Vietnam Business Forum, October 23, 2023.
  10. 10.0 10.1 "List of Coal Power Plants funded by JBIC, NEXI and JICA (2003-2019)" (PDF). 2019.{{cite web}}: CS1 maint: url-status (link)
  11. 11.0 11.1 11.2 11.3 "Vietnam power loan is signed". Global Trade Review (GTR). 2007-05-03. Retrieved 2020-12-17.
  12. 12.0 12.1 "JBIC and China's Exim Bank finance Vietnamese plant | News | IJGlobal". ijglobal.com. Retrieved 2020-12-17.
  13. Quyết định phê duyệt Quy hoạch phát triển điện lực quốc gia giai đoạn 2011 - 2020 có xét đến năm 2030 (Approval of the National Master Plan for Power Development for the 2011-2020 Period with Vision to 2030), Prime Minister of Vietnam, Statement No. 1208/QD-TTg, July 21, 2011, Appendix II, p. 3.
  14. Vinacomin focuses investment on power production, Vinacomin press release, 11 Sept. 2014.
  15. Thái Lan muốn tham gia dự án Nhà máy nhiệt điện Hải Phòng 3, Hai Phong AZ, 3 Mar. 2016.
  16. Implementation of Power Projects in the Revised Power Development Plan 7, Ministry of Industry and Trade, Republic of Vietnam, Jun. 4, 2019
  17. Công suất các nhà máy điện than sẽ giảm còn 8.760 MW vào năm 2025, Thien Nhien, Feb. 27, 2020
  18. DANH MỤC CÁC DỰ ÁN NGUỒN ĐIỆN VÀO VẬN HÀNH GIAI ĐOẠN 2016 - 2030, Ban hành kèm theo Quyết định số 428/QĐ-TTg ngày 18 tháng 3 năm 2016 của Thủ tướng Chính phủ (LIST OF POWER PROJECT IN OPERATION PERIOD 2016 - 2030, Issued together with Decision No. 428 / QD - TTg of March 18, 2016 by the Prime Minister)
  19. 19.0 19.1 Nhiều dự án nguồn điện trong quy hoạch ‘chưa rõ tiến độ’ vào vận hành, Nang Luong Vietnam, Nov. 25, 2020
  20. Quy hoạch vùng ĐBSCL: Thay thế tất cả nhà máy điện than chưa xây dựng bằng nhà máy LNG và năng lượng tái tạo, Cafe F, Nov. 26, 2020
  21. “Draft National Power Development Plan VIII,” MOIT, July 4, 2022
  22. “Thiệt hại ra sao nếu không làm 2.430MW điện mặt trời ngoài quy hoạch Điện 8,” Laodong, July 18, 2022
  23. “Carbon Dated? The Prospects for an Exit from Coal in the Mekong Region,” Greenpeace, December 21, 2022
  24. Approving the national electricity development plan for the period of 2021-2030, with a vision to 2050, Prime Minister of Vietnam, May 16, 2023

Additional data

To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.