|The $365 million Nhon Trach 1 Power Plant will run on natural gas from the Nam Con Son and Cuu Long basins|
PetroVietnam Power Corporation, a unit of PetroVietnam, inaugurated a 463-megawatt power plant in the southern province of Dong Nai Sunday to meet the growing demand of the province and its neighboring localities.
The VND6.5 trillion (US$365 million) Nhon Trach 1 Power Plant will run on natural gas from the Nam Con Son and Cuu Long basins, using diesel oil as a backup fuel, according to a statement on the governmentâs website.
The plant will generate between 2.2 and 2.5 billion kilowatt-hours a year, the statement said.
Nhon Trach 1 Power Plant, which opens after more than two years of construction and testing, will help boost economic development in Ho Chi Minh City and three southern provinces – Dong Nai, Binh Duong, and Ba Ria-Vung Tau, according to the statement.
The 750-megawatt Nhon Trach 2 Power Plant, also in Dong Nai Province and under construction, is expected to launch near the end of 2011, PetroVietnam Power has said.
National power-generation capacity is expected to increase to around 17,900 megawatts this year, the government said earlier this month.
Reported by Thanh Nien staff