On 21st November, 2013, Mr. Anil Sardana, Managing Director, Tata Power and Mr. Nguyen Khac Tho, Deputy Director General of Vietnam’s General Directorate of Energy signed the MoU in the presence of Dr. Manmohan Singh, Prime Minister of India, Mr. Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam and Mr. Cyrus Mistry, Chairman of the Tata Group.
The Company was awarded the Long Phu 2 Power Project by the Government of Vietnam based on the pre-feasibility studies earlier this year. The MOU has been signed to develop a thermal power plant, which will utilize imported coal. In accordance with the MOU, Tata Power will carry out feasibility studies for developing this power project on build, own and transfer basis. The Long Phu 2 Power Project is Tata Power’s first coal based project outside India.
