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Tuesday, April 15, 2008

Vietnam to build two nuclear power plants

VietNamNet Bridge – The Vietnam Atomic Energy Institute is compiling investment reports on two nuclear power plants to submit to the State Evaluation Council and the National Assembly in May 2009.

The government has decided to double the capacity of the first nuclear power plant of Vietnam to 4,000MW, at a total cost of nearly US$6 billion.

Deputy Minister of Industry and Trade Do Huu Hao said that the first nuclear power plant will have four turbines located in different sites. The construction of the two nuclear power plants will start in 2015 and be completed in 2020. Nuclear power will account for 20% of the total electricity output of Vietnam. Vietnam will build the two plants with soft loans and the contractor will have to contribute part of the capital.

Head of the Vietnam Atomic Energy Institute, Vuong Huu Tan, said the two plants may be built in Phuoc Vinh commune in Ninh Phuoc district and Vinh Hai commune in Ninh Hai district, both in Ninh Thuan province, around 40km from each other.

Tan said these sites meet conditions for topography, geology and position, suitable for the transportation of materials. Moreover, the southern region’s need for electricity is higher than in the north so the construction of these plants in the south will facilitate power supply and reduce electricity losses from transmission.

Though Vietnam is facing a serious shortage of electricity, Vietnam can’t speed up nuclear power projects because it needs time to prepare sufficient facilities for these projects.

(Source: VietNamNet)

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