PHI to Build Coal Power Plants in Vietnam

U.S. energy developer PHI Group has signed an agreement with Hoang Ngoc Joint Stock Company, a Vietnamese company, to build a coal-fired power plant in Vietnam.

The 2,000-megawatt plant will be constructed in Vinh Hau Village, An Phu District, An Giang Province, Vietnam. PHI Group intends to supply coal through its relationships in Southeast Asia, according to a company statement.

The company has also signed a contract with a U.S. Powerdyne Industries to provide a coal-combustion-to-steam-energy system that uses half the coal of traditional systems without gas emission scrubbers.

Last month PHI Group signed an agreement with Sao Nam Group in Vietnam to build a 2,400- to 3,600-megawatt coal-fired power plant in Hai Khe Commune, Hai Lang District, Southeast Quang Tri Economic Zone.