The plant’s construction could put the country in breach of a limit on coal power generation embedded in the US$15.5 billion “Just Energy Transition Partnership” — or JETP — announced in 2022.
Plans to build a new coal plant in Vietnam are drawing scrutiny from rich nations that bankrolled a multi-billion dollar finance package designed to help the Southeast Asian nation shift away from the fuel.
At issue is the 2.1-gigawatt Song Hau 2 power plant, now advancing with a grid connection agreement and a nearly US$1 billion ($1.35 billion) loan, according to filings.
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