Vietnam's KST Energy taps Russia's Energoproekt for thermal power project

KST Energy and Russia’s Energoproekt Company signed a contract to perform a feasibility study for building a thermal power plant near the proposed refinery project at the Nhon Hoi Economic Zone, Binh Dinh Province.

Work on the US$900 million plant, which will have a capacity of 700MW in the first phase, will begin in the second quarter of next year and wrap up in 2015.

STFE Company is a multi-disciplinary engineering services company with investments in several countries. Khang Thong Group is involved in infrastructure and real estate development and has developed, among others, the $2-billion Happyland amusement park in Long An Province.