(EnergyAsia, January 13 2012, Friday) — Singapore’s infrastructure group, Sembcorp, said it has signed a memorandum of understanding (MOU) to explore the feasibility of developing a 1,200 megawatt coal-fired power plant in Dung Quat Economic Zone in Vietnam’s Quang Ngai province.

The agreement was signed by Ng Meng Poh, Sembcorp’s Executive Vice President & Head of Singapore and ASEAN (Utilities), and Cao Khoa, chairman of Quang Ngai’s People Committee in Quang Ngai.

((adsense)) The signing was witnessed by Le Tuan Phong, Deputy Director General of the Vietnamese Ministry of Industry and Trade’s General Directorate of Energy, Low Sin Leng, Executive Chairman of Sembcorp Industrial Parks and Deputy Chairman of Sembcorp Utilities, and Vo Van Thuong, Party Secretary of Quang Ngai province.

Mr Ng said: “Dung Quat Economic Zone’s rapid industrial development has in recent years supported the tremendous economic growth of Quang Ngai province. It has been earmarked by the Vietnamese government to become a multi-sectorial economic zone and a base for oil refining and petrochemical industries. As such, Sembcorp certainly sees opportunities to invest and further establish our utilities presence in this fast growing region.

“With our combined expertise and proven track record, Sembcorp is well-positioned to offer integrated solutions for Dung Quat Economic Zone’s present and future power needs.”

This is the second agreement Sembcorp has signed with the People’s Committee of Quang Ngai Province in recent months. Last September, Sembcorp’s VSIP joint venture signed a MOU to conduct a comprehensive feasibility study of a 1,020-hectare integrated township and industrial park in the province.