Duc Giang - Lao Cai Chemical power station
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Duc Giang - Lao Cai Chemical power station is a shelved power station in Tang Loong, Bao Thang, Lao Cai, Vietnam.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Duc Giang - Lao Cai Chemical power station | Tang Loong, Bao Thang, Lao Cai, Vietnam | 22.3043761, 104.1469831 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1: 22.3043761, 104.1469831
- Unit 2: 22.30574, 104.14455
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
|---|---|---|---|---|---|
| Unit 1 | shelved | coal: unknown | 50 | CFB | 2035 |
| Unit 2 | shelved | coal: unknown | 50 | CFB | 2031 |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | Duc Giang - Lao Cai Chemicals JSC [100%] | Duc Giang Chemical |
| Unit 2 | Duc Giang - Lao Cai Chemicals JSC [100%] | Duc Giang Chemical |
Project-level captive use details
- Captive industry use (heat or power): power
- Captive industry: Chemicals
Background
On October 11, 2016, the Prime Minister issued Document No. 1778 / TTg-KTN on supplementing the coal plant into the National Power Development Plan. The proposal is to build a two-unit, 100-MW coal-fired power plant to power the Duc Giang - Lao Cai chemical plant in Lao Cai province, near the border with China.[1]
In April 2017, plant sponsor Duc Giang - Lao Cai Chemicals Joint Stock Company reported that it was breaking ground on the project. Construction is expected to take 24 months from the date of leveling, with completion expected in 2019 or 2020. According to the announcement for the ground-breaking, the plant will provide electricity for the Duc Giang Chemical Complex in Lào Cai, which produces phosphorus and other products. Currently, electricity makes up 26% of the expenses at the complex. Coal use is expected to be about 320,000 tons per year, sourced from Quang Ninh (expected type 6) or from China by waterway and road.[1]
In June 2017, Duc Giang - Lao Cai Chemicals Joint Stock Company said it planned to issue US$92 million in bonds to finance the plant. The project would be completed in 2019 or 2020.[2]
The plant is intended to be run 7,200 hours per year, generating 720 million kWh/year. Of this, 12% is self-consumption by the plant and power supply is 634 million kWh/year.[1]
In December 2019, Lao Cai province rejected the chemical plant's construction investment for the coal-fired power station, citing environmental concerns.[3]
The September 2021 draft of the Power Development Plan 8 (PDP8) gives a commissioning date of 2031-2035 for the plant.[4]
An October 2021 report by GreenID lists the Duc Giang - Lao Cai Chemicals power station as one of 18 coal-fired power stations in Vietnam that was struggling to secure financing. Given that China, Japan, and South Korea have all committed to stop financing new coal-fired power stations, it will be extremely difficult for any of these projects to secure funding in the future.[5]
On July 4, 2022, the Ministry of Industry and Trade appeared to provide an update on the draft PDP. The document’s list of major power projects planned for 2021-2030 (PDF pages 18-20) did not include the project.[6]
Đức Giang's 2023 Annual Report, published in March 2024, did not appear to mention the power station project.[7]
Environmental impact
In May 2018 mud and soil dislodged by the Duc Giang Lao Cai chemical plant damaged rice fields in Xuan Giao commune, Bao Thang district, Lao Cai province.[8]
In 2021, Duc Giang - Lao Cai Chemicals Joint Stock Company was sanctioned three times for violations of natural resources and environmental laws. The violations ranged from waste dumping to failing to adequately monitor raw mineral storage and transportation.[9]
Financing
In June 2017, Duc Giang - Lao Cai Chemicals Joint Stock Company said it planned to issue US$92 million in bonds to finance the plant. [2] Also in 2017 it was reported that the project would be financed by 30% equity, 70% loan of VND1,400 billion from Vietcombank.[1]
Articles and Resources
References
- ↑ 1.0 1.1 1.2 1.3 "LỄ ĐỘNG THỔ DỰ ÁN NHÀ MÁY NHIỆT ĐIỆN ĐỨC GIANG – LÀO CAI 100MW," DGC website, 3 April 2017,
- ↑ 2.0 2.1 Hóa chất Đức Giang - Lào Cai khởi động kế hoạch gọi vốn 2.000 tỷ đồng cho dự án nhiệt điện, VietnamBiz, 12 June 2017.
- ↑ Lào Cai từ chối dự án đầu tư gây ô nhiễm môi trường, ĐÀI PHÁT THANH - TRUYỀN HÌNH LÀO CAI, Dec. 17, 2019
- ↑ 2021 Draft PDP 8, vepg.vn, accessed 12-3-2021
- ↑ Trung Chanh, 18 dự án nhiệt điện than trong quy hoạch khó tiếp cận vốn, The Saigon Times, Oct. 3, 2021
- ↑ “Draft National Power Development Plan VIII,” MOIT, July 4, 2022
- ↑ Báo cáo thường niên năm 2023, CTCP Tập đoàn Hóa chất Đức Giang, March 19, 2024
- ↑ Giấu nhẹm hậu họa bùn bẩn từ Nhà máy hoá chất Đức Giang Lào Cai, Laodong, May 19, 2018
- ↑ “Công ty Cổ phần Tập đoàn Hóa chất Đức Giang vi phạm pháp luật Tài nguyên và Môi trường nhiều lần trong năm 2021,” Tai nguyen va Moi truong, February 25, 2022
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.
