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1. AES-VCM Mong Duong Power Company Limited

AES-VCM Mong Duong Power Company Limited (the “BOT Company”), Owner of Mong Duong 2 BOT Power Project, is a limited liability company formed by the affiliates of The AES Corporation (USA), Posco Energy (Korea) and China Investment Corporation (China).

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Mong Duong 2 BOT Power Project

• Location:                Mong Duong ward, Cam Pha Town, Quang Ninh province, Vietnam

• Net Capacity:         1120 MW with 2 units of 560 MW each

• Fuel:                         domestic coal

• Investment Capital:   approximately USD 2.1 billion

• Investment type:   100% foreign investment under the Build – Operate – Transfer (BOT) scheme.
The Plant will be transferred to Government of Vietnam after 25 years of operation

• Commercial Operation Date: April 2015

• Contractors:

+ Installation, Erection & Commissioning: Doosan Heavy Industries Vietnam Co. Ltd.

+ Equipment Supply: Doosan Heavy Industries and Construction

+ Engineering: Doosan Power Systems India Pvt. Ltd.

• Actual peak manpower during construction: approximately 7,500

• Estimated number of employees during operation phase: approximately 200, mostly local Vietnamese