Business
Construction starts on expanded Thac Mo hydropower plant
  • | VOV | July 06, 2014 08:23 AM
Renovations got underway on July 5 at the Thac Mo hydropower plant in Binh Phuoc province to lift its capacity from 150 MW to 225 MW.

The expansion project aims to boost the plant’s operational capacity and ensure an adequate supply of electricity to fuel economic development in southern localities and increase reserves, especially during the flood season.

The opening ceremony. Photo: VGP

At an opening ceremony, Deputy Prime Minister Hoang Trung Hai asked Vietnam Electricity Group (EVN), investors, and contractors to ensure quality workmanship, a timely schedule and labour safety to meet the contract requirements and national and international standards.

The total investment capitalisation of the project is estimated at VND1,500 billion. Of which, about 85% comes from the Japan International Cooperation Agency (JICA)'s official development assistance (ODA) loan and the remaining 15% is sourced from the EVN.

The plant, being built on Be River, Bu Gia Map district, Binh Phuoc province, is expected to be put into operation after 36 months of construction.

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