O Mon-II power station

From Global Energy Monitor
Part of the Global Gas Plant Tracker, a Global Energy Monitor and Center for Media and Democracy project.

O Mon-II power station is a proposed 750-megawatt (MW) gas-fired power plant in Can Tho Province, Vietnam.[1][2]

Location

The map below shows the exact location of the proposed power station in O Mon, Can Tho Province, Vietnam.

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Background

The power plant will be built in the O Mon Power Center alongside O Mon 1 Thermal Power Plant, which has a capacity of 660 MW, O Mon-III power station, and O Mon-IV power station.[1]

Two investors sent proposals to the Ministry of Industry and Trade -- EVNGENCO2 (Vietnam Electricity Corporation) and Vietracimex (Marubeni Corporation) to build the power plant. In May 2019, Ministry of Industry and Trade recommended Vietracimex Joint Venture - Marubeni Group, which had begun operating many projects successfully in 2019, to the Prime Minister.[3][4]

In mid-2019, the Prime Minister and Ministry of Trade discussed increasing the output of the plant from 750 MW to 1,050 MW and having it begin operations in 2025.[2][5]

In February 2021, IJGlobal reported that Vietracimex and Marubeni had received approval to proceed with the project following a decision by Vietnam's prime minister Nguyen Xuan Phuc in January 2021 backing the investment planning for the project. The output of the project was confirmed as 1,050 MW and the companies are expecting the plant to commence operations in 2024-2025. The total project cost is about 30.56 trillion Vietnamese dong (US$1.33 billion). The Vietracimex - Marubeni consortium is planning to raise equity of approximately 6.11 trillion Vietnamese dong and finance the remaining 24.45 trillion Vietnamese dong with commercial loans.[6]

Project Details

  • Sponsor: Vietracimex - Marubeni Corporation
  • Parent company: Marubeni
  • Location: O Mon, Can Tho Province, Vietnam
  • Coordinates: 10.134916, 105.669325 (exact)
  • Gross capacity (proposed): 1,050 MW
    • Combined-cycle unit: 1,050 MW (to start 2024-25)[6]
  • Cost: US$1.33 billion[6]
  • Financing:

Articles and Resources

References