Vietnam will develop their larget power plant

Authorities in energy-hungry Vietnam have approved development of the country's largest thermal power project, worth at least 2.5 billion dollars, the developer said. In a statement Monday, the Vinh Tan 3 Energy Joint Stock Company (VTEC) said its 2 ,000 megawatt project, to be built in southern Binh Thuan province under a build-operate- transfer framework, will use imported coal. The consortium aims to start construction late next year for operation in 2014-15. VTEC is a consortium of CLP Holdings of Hong Kong, Mitsubishi Corp, Electricity of Vietnam and Pacific Corporation of Vietnam.