Nam Dinh 1 BOT 1200MW coal-fired power plant

30/6/2014
Project development

$ 2.5 billion

Announced

30/6/2014


Overview:

  • Nam Dinh 1 is a $2.5 billion 1200MW coal-fired thermal project being developed by a consortium including ACWA Power, the largest private sector water and power company in Saudi Arabia, and Taekwang Power Holdings of Korea. 
  • Nam Dinh 1 is an independent BOT power project and part of the 2400MW Nam Dinh thermal power complex in Nam Dinh.
  • The construction of the plant is scheduled to be completed in late 2016 while the remainder of the power complex is expected to become commercially operational in 2021.

Wai Yee Tsang - Journalist 

Jurisdiction:

Vietnam

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firms:

Party: Taekwang Power Holdings (Sponsor)

Party: ACWA Power (Sponsor)


Party: The Export-Import Bank of Korea (Lender)

Party: Korea Trade Insurance Company (K-Sure) (Lender)

Lawyer: Phong Tran


Party: Taekwang Power Holdings (Sponsor)

Party: ACWA Power (Sponsor)

Lawyer: Linh Doan