Vice Chairman of Quang Tri People's Committee Nguyen Quan Chinh worked with Thai International Power Company

Monday - 25/06/2018 22:15
(Quang Tri Web) On July 13th, 2017, Vice Chairman of the People's Committee of Quang Tri Province Nguyen Quan Chinh had a working session with Thai International Power Company led by Adisak Suriyavanagul, Senior Executive Vice President to negotiate the land lease contract of Thermal Power Plant Project 1.
At the meeting, the Vice Chairman of the Provincial People's Committee Nguyen Quan Chinh said that the Thermal Power Plant project had started since 2011, however, the process of making the Feasibility Study Report had many changes, so the approval of the report prolonged. Quang Tri province wanted Thai International Power Company to speed up the completion of its procedures in 2018 to start construction in early 2019.
Regarding land lease, Vice Chairman Nguyen Quan Chinh confirmed that Quang Tri province would quickly deal with the procedures and be ready to accelerate the negotiation of contracts with the Ministry of Industry and Trade if the Thai International Power Company requested.
Mr. Adisak Suriyavanagul, Senior Executive Vice President of the Company, said: After the land lease negotiations, the Company will sign a contract with the Ministry of Industry and Trade; negotiate BOT contracts, government guarantee contracts, land lease contracts, price contracts and sign an investment contract with the Ministry of Industry and Commerce to set up a company in August 2018 and start construction in 2019. The machine group 1 is expected to operate in June 2023 and the machine group 2 is expected to operate in January 2024.
After discussion, the People's Committee of Quang Tri Province and Thai International Power Company agreed to negotiate a land lease contract in August 2017. In September 2017, Quang Tri Province will provide estimates of land clearance, resettlement and ground hand-over plans to investors. Quang Tri Province will clear the ground and carry out the resettlement work from early 2018 to March 2019. Both sides determine to speed up the project to start construction in March 2019.

Author: Pham My Hanh

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