Mông Dương is a ward of
Cẩm Phả
Cẩm Phả () is a city of Quảng Ninh Province in the north-east region of Vietnam. It is an important coal exporting port of Vietnam (UNCTAD: VNCPH). As of February 2012, the city had a population of 195,800. The city covers an area of 486 ...
city in
Quảng Ninh Province, Vietnam. It is the site of the Mông Dương
thermal power plant
A thermal power station is a type of power station in which heat energy is converted to electrical energy. In a steam-generating cycle heat is used to boil water in a large pressure vessel to produce high-pressure steam, which drives a ...
projects designed to reduce Vietnam's dependence on
hydropower
Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kinetic energy of ...
.
Mông Dương power project
State-owned Electricity of Việt Nam (
EVN) plans 2,200 MW of coal-fired power stations at Mông Dương.
* Mông Dương I Thermal Power Plant (1,000 MW) was
ADB part financed. The financing framework was signed in 2007.
VNGOP – The State Bank of Việt Nam and the Asia Development Bank (ADB) signed a framework financing agreement for the thermal power project Mông Dương 1 on October 09 in Hà Nội.
(10/10/2007-07:05:00 AM) "Under the framework agreement, the loan worth of US $931 million from ADB to Mông Dương 1 will be granted in two phases. The first loan of US $28 million was signed on the day. ADB plans to sign the second loan of US $903 million within the next two years." The plant required a total investment of US$1.1 billion. NTP 15-Dec-2011, #1 COD 15-Apr-2015, #2 COD 15-Oct-2015.
Final Completion Ceremony at Site was on 16-Jan-2016.
- Boiler Type : CFB (Foster Wheeler China)
- Capacity : 250MW * 4 units
*Mông Dương II will sell electricity to Vietnam Electricity
Vietnam Electricity (full name: Vietnam Electricity Group, abbreviated name: EVN, vi, Tập đoàn Điện lực Việt Nam) is the largest power company in Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Re ...
(EVN) under a 25-year power purchase agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial te ...
(PPA) denominated in US dollars and allowing for a fuel cost pass through
A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work. The concept was originally applied solely to those materials capable of releasing chemical energy bu ...
, protecting foreign investors from fluctuations in coal prices. NTP was on 7-Aug-2011, #1 COD was on (Plan/Actual) 04-Dec-2014/09-Mar-2015, #2 COD was on (Plan/Actual) 02-Jun-2015/24-Apr-2015. Final Completion Ceremony was on Hanoi Marriot Hotel, 26-Oct-2015.
- Boiler Type : Downshot
- Capacity : 560MW * 2 units
See also
*Energy in Vietnam
Vietnam is a dynamic developing economy with a relatively high growth rate. The energy sector plays a key role in promoting the country's socio-economic development. Vietnam has a diverse energy fuel resource of various types such as coal, natur ...
References
{{DEFAULTSORT:Mong Duong
Populated places in Quảng Ninh province
Coal-fired power stations in Vietnam
Buildings and structures in Quảng Ninh province