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17 April 2007 - Australian coal mining company Ensham Resources is to build a $4bn coal fired power plant in southern Vietnam, state media and Vietnamese officials said Tuesday.
Authorities recently approved the proposal from Ensham, which wants to build a 3600 MW power plant in the southern Mekong Delta province, said Phung Huu Tiem, a provincial investment official.
If approved by Prime Minister Nguyen Tan Dung, construction will begin in 2008 and be completed in 2012, Vietnam News Agency reported.
The plant will be located in Kien Giang, 250 km miles southwest of Ho Chi Minh City.
Local officials have agreed to expand the province's central port so that it can accommodate the 60 000 tonne ships needed to carry coal to the plant, which will be solely owned by Ensham.
Vietnam's electricity consumption has increased an average ofI17 percent annually in recent years. The country's power supply has been struggling to keep pace with the demands of its booming economy.
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