Quang Tri 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:

Quang Tri power station is a cancelled power station in Hai Khe, Hai Lang, Quang Tri, Vietnam.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Quang Tri power station Hai Khe, Hai Lang, Quang Tri, Vietnam 16.75658, 107.36713 (approximate)

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

Loading map...


Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Phase 1 Unit 1 cancelled coal - bituminous 600 ultra-supercritical 2026
Phase 1 Unit 2 cancelled coal - bituminous 600 ultra-supercritical 2027
Phase 2 Unit 1 cancelled coal - bituminous 600 ultra-supercritical 2028
Phase 2 Unit 2 cancelled coal - bituminous 600 ultra-supercritical 2028

Table 3: Unit-level ownership and operator details

Unit name Owner
Phase 1 Unit 1 EGAT International Co Ltd (EGATi) [100.0%]
Phase 1 Unit 2 EGAT International Co Ltd (EGATi) [100.0%]
Phase 2 Unit 1 Korea Western Power Co Ltd (KOWEPO) [100.0%]
Phase 2 Unit 2 Korea Western Power Co Ltd (KOWEPO) [100.0%]

Quảng Trị-1

In August 2013, Quảng Trị provincial officials announced that the company Electricity Generating Authority of Thailand (EGAT) had been licensed to build a $2.3 billion, 1,200-MW, two-unit coal-fired power plant in the Quang Tri Southeast Economic Zone. The project was originally scheduled to come online in 2019-20.[1]

The company signed a memorandum of understanding with the Quang Tri provincial government in July 2014. Financial arrangements and land acquisition had not yet been completed at that time. The plant is being built under a build-own-transfer (BOT) scheme. Construction was scheduled to begin at the end of 2017; the first unit would go online in June 2021, and the second in December 2021.[2][3]

According to the revised Power Development Plan VII (2016), the project will be completed in 2023 and 2024.[4]

EGAT completed a feasibility study in July 2016; that feasibility study was later approved by the Ministry of Industry & Trade.[5] In February 2017, EGAT said it planned to begin construction in mid-2019. The project would cost $2.2 billion.[6] In February, provincial officials pushed EGAT to begin construction in 2018.[7] In June 2017, EGAT said it would indeed begin construction in 2018.[8]

On June 24, 2017, Quang Ninh Thermal Power Plant (EGATi) and the Department of Energy (MOIT) signed an a Memorandum of Understanding on the BOT project. According to the MoU, Units 1 and 2 will be put into commercial operation in 2021.[9]

In December 2018, EGAT announced that construction had been delayed but that it planned to begin by September 2019.[10] In June 2019 the completion date for Unit 1 was delayed to 2026 and the completion date for Unit 2 was delayed to 2027 in the Ministry Of Industry And Trade's report on the implementation of the revised seventh Power Development Plan (PDP7).[11] In November 2019 a ground-breaking ceremony for the plant was held and a 23.5-km road connecting the Quảng Trị Southeastern Industrial Park with Cửa Việt Port was inaugurated.[12]

In September 2020, Thailand's three leading energy companies EGATi, Ratch Group, and Electricity Generating Corp. (EGCO) signed an agreement to develop the plant.[13] In December 2020 the Provincial People's Committee Le Duc Tien asked EGATi to complete negotiations for a build-operate-transfer (BOT) contract with the Vietnamese Industry and Trade Ministry before the end of 2020.[14] Without a BOT contract negotiations would have to be restarted once Vietnam's new Public-Private Partnership (PPP) law takes effect in January 2021.[15] According to GreenID the project had been permitted as of June 2021.[16] In August 2021 it was reported that the sponsors' inability to form a Build-Own-Transfer (BOT) company was one reason for the delay in starting construction.[17]

An October 2021 report by GreenID lists the Quảng Trị-1 power station as one of 18 coal-fired power stations in Vietnam that was struggling to secure financing. Given that China, Japan, and South Korea have all committed to stop financing new coal-fired power stations, it will be extremely difficult for any of these projects to secure funding in the future.[18] In March 2022, Report No. 1562 by the Office of the Government of Vietnam stated that the plant was financially troubled.[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) included the project.[20]

In October 2022, the Thai Ministry of Energy announced that the project was cancelled following nearly a decade of delays. The decision was made following recommendations from the provincial People’s Committee, financial problems, and Vietnam's net zero emissions commitments. Official cancellation documents for the Vietnamese Ministry of Industry and Trade and Quảng Trị Province were on their way.[21]

Quảng Trị-2

In November 2016, KEPCO announced that it was looking at the possibility of building a second phase of the plant.[22] In January 2017, Korea Western Power Co., a subsidiary of KEPCO, signed an agreement with Quảng Trị provincial officials to build the 1,200-MW, two-unit Quảng Trị-2. The project would cost $1.85 billion, and would be completed by the end of 2024.[23] The contract was a Build, Operate, Transfer (BOT) contract, meaning KEPCO will likely invest equity in the project.[24]

In October 2018 the CEO of Korea Western Power, a KEPCO subsidiary, said the company would abide by international standards in developing the Quảng Trị-2 plant, and will consider converting the project into renewable power.[25] In January 2019 it was reported that a plan for a 2 x 600 MW Quảng Trị-2 plant had been submitted to the MOIT.[26] In October 2020, facing criticism for investing in the Vung Ang-2 power station, KEPCO declared that it would not develop any additional overseas coal power plants beyond Vung Ang-2 and three other projects in Indonesia, the Philippines, and South Africa.[27]

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.[28] 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.[29] The project is presumed shelved for now.

In October 2022, with four years since the last known update on the proposed expansion, it was presumed cancelled.

Articles and Resources

References

  1. Thailand's Power Firm to Set Up $2.26 Billion Plant in Central Vietnam, Tuoi Tre News, Aug. 21, 2013.
  2. Egat's power plant project gets go-ahead in Quang Tri, Nation Multimedia, 15 July 2014.
  3. EGATI and Provincial People's Committee of Quang Tri signed MOU to develop Quang Tri Thermal Power Plant in Vietnam, EGATI press release, 21 July 2014.
  4. 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)
  5. EAGTi hoàn thành hồ sơ nghiên cứu khả thi Dự án Nhà máy nhiệt điện Quảng Trị, Dautu Online, 7 July 2016.
  6. AEGTi dự kiến khởi công Nhà máy nhiệt điện Quảng Trị 1 vào giữa năm 2019, Dautu Online, 3 Feb. 2017.
  7. Quảng Trị: Phấn đấu khởi công xây dựng Nhà máy Nhiệt điện 1 năm 2018, Icon, 20 Feb. 2017.
  8. UBND tỉnh Quảng Trị làm việc với Tổng cục Năng lượng - Bộ Công thương về dự án Nhà máy nhiệt điện Quảng Trị, Quang Tri Online, 22 June 2017.
  9. "Bước tiến mới trong dự án Nhiệt điện Quảng Trị," NANGLUONG VIETNAM, 24 October 2017
  10. Accelerate the implementation of the Quang Tri BOT Thermal Power Plant project 1, Dautur, Dec. 13, 2018
  11. Implementation of Power Projects in the Revised Power Development Plan 7, Ministry of Industry and Trade, Republic of Vietnam, Jun. 4, 2019
  12. Construction on Quảng Tri 1 thermal power plant kicks off, Vietnam News, Nov. 25, 2019
  13. Ba công ty năng lượng hàng đầu Thái Lan đầu tư vào nhiệt điện Quảng Trị 1, VietnamBiz, Sep. 18, 2020
  14. Tin tức nổi bật UBND tỉnh Quảng Trị làm việc trực tuyến với Công ty Điện lực quốc tế Thái Lan (EGATi), www.quangtri.gov.vn], Dec. 5, 2020
  15. Vietnam’s New PPP Law Set to Take Effect January 2021, Vietnam Briefing, Aug. 28, 2020
  16. Communication with GreenID, July 2021
  17. Construction of Quang Tri 1 thermal power plant deemed unfeasible, Vietnam Investment Review, Aug. 25, 2021
  18. Trung Chanh, 18 dự án nhiệt điện than trong quy hoạch khó tiếp cận vốn, The Saigon Times, Oct. 3, 2021
  19. Vietnam: BOT Projects--The Path To Closure In Vietnam, Mondaq, Jun. 9, 2022
  20. “Draft National Power Development Plan VIII,” MOIT, July 4, 2022
  21. “Thai Energy Ministry terminates 1,320MW thermal power project in Quảng Trị,” Vietnam Economy News, October 8, 2022
  22. Tập đoàn điện lực Hàn Quốc nghiên cứu đầu tư Nhà máy Nhiệt điện 2 tại Khu kinh tế Đông Nam Quảng Trị, Quảng Trị Province press release, 21 Nov. 2016.
  23. Hàn Quốc xây nhà máy nhiệt điện chạy than tại Quảng Trị, Icon.com.vn, 20 Jan. 2017.
  24. Vietnam BOT power projects: MOIT imposes tougher statutory remedies for delays, LexComm, April 2017
  25. "중부발전 사장, 국감에서 찌레본 3호기 중단하였다고 밝혀 - 중부발전/서부발전 국정감사 질의 응답," Youtube, 2018.10.18, at 4:10 minutes
  26. Trung tâm năng lượng của miền Trung và bước đi của tỉnh Quảng Trị, Nang Luong, Jan. 16, 2019
  27. KEPCO Declares Exit from Overseas Coal Power Plant Market, Business Korea, Oct. 29, 2020
  28. “Draft National Power Development Plan VIII,” MOIT, July 4, 2022
  29. “Thiệt hại ra sao nếu không làm 2.430MW điện mặt trời ngoài quy hoạch Điện 8,” Laodong, July 18, 2022

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.