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Vietnam Energy Forum

Signing a credit grant contract for the Song Hau 2 Thermal Power Project

 - On June 7, 2024, Toyo Ink Berhad Group with Song Hau 2 Electricity Company Limited and Export-Import Bank of Malaysia (Malaysia Eximbank) held a signing ceremony of a credit contract (worth 980 million USD) for Song Hau 2 Thermal Power Project, to serve the design, equipment procurement, construction and operation of the project.
Signing a credit grant contract for the Song Hau 2 Thermal Power Project
The signing ceremony

Representatives of the project investor attended the signing ceremony - Toyo Ink Behard Group, Song Hau 2 Electricity Company Limited (a subsidiary 100% owned by Toyo Ventures Holding Berhad Group), and banks The capital arrangement focal point is the Export-Import Bank of Malaysia (Malaysia Eximbank), i-Power Solutions Pte Ltd (sponsor of equipment capital arrangement). The signing ceremony was witnessed by representatives of the EPC General Contractor - Sunway Construction Joint Venture (Sunway) and Power Engineering Consulting Company 2 (PECC2).

The Song Hau 2 Thermal Power Plant project is implemented in the form of BOT, developed in Chau Thanh district, Hau Giang province, invested by Toyo Ink Group Berhad, with a design capacity of 2,120 MW (2x1,060 MW), The Song Hau 2 project is considered an important project in Power Development Planning VIII.

The Song Hau 2 Thermal Power Plant Project will contribute to diversifying power generation plants and ensuring energy security, and bringing income to the local budget and creating jobs for the people in the region, and contributing to the socio-economic development of Hau Giang province in particular, as well as the Mekong Delta region in general.

Successfully arranged a loan of 980 million USD to carry out design and equipment procurement, construction and

operation for the Song Hau 2 Thermal Power Plant Project is of great significance, contributing to timely support for the investor to continuously coordinate with relevant units to deploy the next stages to meet project progress./.

VietnamEnergy.vn

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