Doosan drives the first pile for the Nghi Son 2 Power Plant Project and begins Construction
Reported by Dao Thi My Hanh
The $2.79 billion Build Operate Transfer (BOT) power plant known as Nghi Son 2 officially commenced construction in Vietnam’s Thanh Hoa Province with the driving of the first pile on August 27th 2018. NS2 is a 1,330 MW thermal power plant being built by Doosan that is scheduled for completion in July of 2022.
NS2PC is a Vietnamese company formed by the Marubeni Corporation of Japan and the Korea Electric Power Corporation (KEPCO) of Korea to invest in and operate the BOT NS2 project. To launch the project NS2PC made an initial payment of $170 million to Doosan on the 24th of June 2018.
NS-2 is being built in Vietnam’s Thanh Hoa Province about 200 km southeast of Hanoi by Doosan and will produce the power needed to continue fueling Vietnam’s remarkable economic growth and development. For perspective NS-2 will generate enough electricity to power an additional 6.8 million four person households in Vietnam and will improve living standards and economic opportunity across the country.
The construction of the NS-2 power plant will feature two separate high tech, high efficiency 665 MW supercritical boilers, high efficiency turbines and generating units. The two units will be constructed side by side, but be independent to allow for greater flexibility and efficiency.
Since 2012, Doosan Heavy Industries & Construction has won contracts worth more than US$6 billion to build Mong Duong 2, Song Hau 1 and Vinh Tan 4 thermal power projects in Vietnam. Doosan Heavy Industries Vietnam employs thousands of Vietnamese workers and has played an important role in the development of the country’s engineering sector and its economic growth.