Van Phong 1 (1320 MW)
Location: Ninh Phước commune, Ninh Hòa township, Khánh Hòa province
On 14 February 2018, Sumitomo Corporation received the investment certificate to develop the coal-fired power station.
Status: Pre-Permit Development
Completion Expected: 2019
Estimated Cost: Between US$2.5 billion and US$3 billion
- Project Finance International (14 February 2018), ‘Sumitomo receives Van Phong IPP certificate’
- Mia Tahara-Stubbs, IJGlobal (8 Jun 2017), ‘Vietnam Van Phong coal-fired investment certificate to sign’
- Vietnam Investment Review (25 Nov 2013) ‘Sumitomo red tape tangle delays power plant project‘
- Power Engineering International (8 Jan 2013) ‘Contract awarded for 1320 MW coal plant in Vietnam‘
Information updated: 17 February 2018
In addition to the references noted above, Market Forces also considers information from financial journals, companies’ public disclosures, and news reports.