The Asian Development Bank (ADB) has received a request to support the development of the O Mon IV Thermal Power Project (the Project) in Can Tho, Viet Nam. The Project will develop a 750 megawatt (MW) combined cycle gas turbine (CCGT) power plant, and will be one of four (and possibly five) power plants constructed at the O Mon Thermal Power Complex (e.g. O Mon I to V). KfW Bankengruppe (KfW) and the Japan Bank for International Cooperation (JBIC) are considering co-financing the Project.
The Project has been classified by both the Viet Nam Ministry of Natural Resources and Environment (MONRE) and ADB as environment category A, requiring the preparation of a full environmental impact assessment (EIA). This document has been developed to comply with ADB’s environmental assessment requirements, and constitutes the Project EIA report. ADB and KfW have made efforts to align and co-ordinate their respective environmental safeguards requirements and procedures, and should KfW decide to co-finance the Project it is understood that this EIA will be assessed by both agencies to ensure appropriate safeguards compliance. It is also anticipated that JBIC will conduct a due diligence review of this EIA report to ensure its compliance with their environmental guidelines.