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PVFC to arrange fund for Thai Binh 2 Thermoelectricity Plant 
On Feb 3rd, at the Plant construction headquarter, located in My Loc Village, Thai Thuy District, Thai Binh Province, the Management Board of Thai Binh 2 Petroleum Electricity Project (representing Petrovietnam – the investor) and PVFC has joined the fund arrangement & consultant contract signing ceremony.
As agreed, PVFC will arrange and fund the Thai Binh 2 Thermoelectricity Plant the amount of at least USD 980 billion, and maximum reaching USD 1.17 billion.
The Plant’s capacity is 1,200MW, total area is about 43ha. It is the urgent electricity source project, belonging to the Power Program No.7 that was granted by the Government in 2011 July. As planned, the Plant’s turbine No.1 will run in 2014, No. 2 in 2015. Total investment capital for the Plant reaches VND 35,000 billion.
(PVFC)
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