On January 22, 2021, China Energy Construction Investment Corporation and Malaysia Toyo Venture Capital Holdings Co., Ltd. signed an investment and development agreement for the second phase of Vietnam's Houjiang 2×1060 MW clean coal-fired power plant project by video.

This project is located in the Houjiang National Power Center in Zhoucheng County, Houjiang Province, southern Vietnam. It is the first million-kilowatt coal-fired power station in Vietnam. It is planned to be constructed in the BOT mode and adopt China’s million-kilowatt ultra-supercritical power generation technology. At present, the world's cleanest, most efficient, and most advanced coal-fired power generation technology. After the project is completed, it will greatly alleviate the shortage of power supply in southern Vietnam, which is of great significance for optimizing the structure of Vietnam's power system, solving local employment, and promoting local economic and social development. At present, the project has obtained feasibility study approval and environmental assessment permit, and has signed franchise rights, government guarantees, land lease and power purchase agreements with the Vietnamese government.

Project investment significance

The signing of the investment and development agreement for this project is another major achievement for China Energy Construction Investment Corporation to thoroughly implement the "Several Opinions" and the spirit of China Energy Construction's 2021 annual meeting, to proactively attack and seize strategic opportunities. After the coal power station project, under the guidance of the "One Belt One Road" initiative, another major breakthrough in the development of the Vietnamese power market. In the next step, the China Energy Construction Investment Corporation will fully rely on the advantages of the entire industry chain of Energy China, firmly grasp the principle of "value investment, full life cycle investment, rational investment, and high-quality investment", actively play the leading role of investment, and be capable of organization Strength, careful planning and deployment, fully implement cooperation conditions, accelerate follow-up work, and strive to implement the project as soon as possible.Editor/Xing Wentao