Thang Long power station
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Thang Long power station is an operating power station of at least 600-megawatts (MW) in Le Loi, Hoanh Bo, Quảng Ninh, Vietnam. It is also known as Le Loi power station.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Thang Long power station | Le Loi, Hoanh Bo, Quảng Ninh, Vietnam | 21.02184, 107.04815 (exact) |
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2: 21.02184, 107.04815
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year | Emergency/Backup |
|---|---|---|---|---|---|---|
| Unit 1 | Operating | coal: anthracite[1] | 300 | subcritical | 2018 | False |
| Unit 2 | Operating | coal: anthracite[1] | 300 | subcritical | 2018 | False |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | Geleximco Group JSC [100%] | Geleximco Group JSC [100.0%] |
| Unit 2 | Geleximco Group JSC [100%] | Geleximco Group JSC [100.0%] |
Project-level coal details
- Coal source(s): domestic
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Background
In July 2008, the Vietnam Ministry of Industry and Commerce allowed a proposal to move forward by the Thang Long Thermo-Power Joint-Stock Company to build a 600-MW coal power plant in the northern province of Quảng Ninh. The initial plan was for the first unit to come online in 2011, and the second in 2012.[2]
In December 2010, Thang Long Thermo-Power JSC signed an engineering & construction contract for the plant with Chinese company Wuhan Kaidi Electric Power Engineering[3]; the cost was estimated at $645 million, and the plant was scheduled to be completed in Sept. 2014.[4][5]
Construction began in October 2014, and is scheduled to be completed in Q3 2018.[6] In August 2015, French firm Alstom was awarded the contract to supply the plant's circulating-fluidized-bed boilers.[3] In June 2017, plans were finalized to build a 500 kV power line to connect the plant to the grid.[7]
Unit 1 entered commercial operation in May 2018 and Unit 2 entered commercial operation in July 2018.[8][9]
In August 2020, it was reported that An Binh Energy and Infrastructure Fund had acquired a 45% indirect ownership stake in the power station with an investment of US$155 million.[10]
In August and September 2023, Thang Long power station was registered to be offline temporarily for scheduled repairs.[11]
In March 2025, it was reported that Thang Long Thermal Power had "mistakenly" listed a loss of more than 500 billion VND as a profit in its 2023 financial report.[12]
In August 2025, a Unit 1 refurbishment project began. The overhaul was expected to take 50 days.[13]
Financing
- Source of financing: 20% owner's capital; 80% foreign loans guaranteed by the government[14]; US$640 million in debt from China Development Bank and Sinosure; US$160 million in equity from Ha Noi Export-Import[15]
In October 2014, a financing agreement for the project was closed. China Development Bank and Sinosure agreed to provide US$640 million in loans. Ha Noi Export-Import agreed to provide US$160 million in equity.[15]
Articles and Resources
References
- ↑ 1.0 1.1 https://www.gem.wiki/Coal_source_methodology_for_the_Global_Coal_Plant_Tracker.
{{cite web}}: Missing or empty|title=(help) - ↑ Power plants to Be Built in Central, Northern Provinces, Online Newspaper of the Communist Party of Vietnam, July 7, 2008.
- ↑ 3.0 3.1 Alstom to supply the largest CFB Boilers in Vietnam, Alstom press release, Aug. 2015.
- ↑ Quảng Ninh to Build Another Thermo-Power Plant, Quảng Ninh provincial website, Dec. 30, 2010.
- ↑ Quang Ninh Province Aims to Be Vietnam’s Thermoelectric Centre, Vinacomin website, April 11, 2013.
- ↑ Construction of Thang Long Thermal Power Plant begins, Talk Vietnam, 23 Oct. 2014.
- ↑ Đóng điện đường dây 500kV đấu nối Nhà máy Nhiệt điện Thăng Long, Bao Moi, 1 June 2017.
- ↑ Thang Long Thermal Power: Solving the challenge of capital resources, Báo Đầu Tưr, Aug 11, 2018
- ↑ Licensing procedures hamper construction of thermopower plants, Vietnamnet, Jan. 17, 2019
- ↑ ABEIF acquires Vietnam coal-fired 45% stake, IJGlobal, Aug. 20, 2020.
- ↑ Công ty CP Nhiệt điện Thăng Long: Góp phần đảm bảo cung ứng điện cho miền Bắc, Công Thương, July 5, 2023.
- ↑ Công ty Nhiệt điện Thăng Long báo "nhầm" lỗ đậm hơn 500 tỷ thành lãi, Dân trí, March 27, 2025
- ↑ EPS triển khai dịch vụ sửa chữa đại tu tổ máy S1 nhà máy nhiệt điện Thăng Long, Báo Nhân Dân điện tử, October 3, 2025
- ↑ "Công ty CP Nhiệt điện Thăng Long (TLP)," GELEXIMCO, accessed December 2017
- ↑ 15.0 15.1 "Preview of Thang Long Coal-Fired Power Plant (600MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-12-17.
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.
