South Korea-based GS Energy and Vietnamese investment firm VinaCapital has partnered to develop a 3,000 MW LNG-to-power complex that pours about KRW3.5 trillion (US$3.09 billion) of investment in Long An province of Vietnam.
The developers were given investment licenses to proceed with the project from the Vietnamese government. The power complex will consist of Long An I and Long An II plants built on about 90 hectares of land in the Southeast Asia Services Area, which is a part of the Long An International Port.
The power complex is expected to begin in operation in December 2025.
Country updates
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March 12, 2021
CIP signs MoU with four Vietnamese companies for 3.5 GW La Gan offshore wind project
Copenhagen Infrastructure Partners has signed four memoranda of understanding (MoU) with Vietnamese companies for the foundation supply and harbor services of the 3.5 GW La Gan Offshore wind project i...
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March 09, 2021
GE to support and supply turbines for the 60 MW Cau Dat Wind Farm in Lam Dong
GE Renewable Energy has been awarded a contract by Ocean Renewable Energy Joint Stock Company to supply a total of 15 of GE’s 4 MW-137 wind turbines to support the construction of the Cau Dat Wi...
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March 02, 2021
Vietracimex and Marubeni partner for 1.05 GW thermal power plant in Can Tho
The joint venture between Vietnam Trading Engineering Construction JSC (Vietracimex) and Marubeni Corporation is set to build a thermal power plant project in Vietnam with a generating capacity of 1,0...
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February 22, 2021
Shizen Energy achieves commercial operation of Hau Giang Solar Power Plant
Shizen Malaysia Sdn. Bhd., an affiliate company of Shizen Energy Inc. has reached commercial operation on its Hau Giang Solar Power Plant (35MWp (DC)), a large-scale solar power plant in Vietnam in wh...
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February 12, 2021
SN Power closes acquisition of 39.4 MW Dam Nai wind farm in Ninh Thuan
SN Power AS and Mekong Wind Pte Ltd, has finalized and completed the transaction relating to the acquisition of Dam Nai Wind Power JSC. SN Power has acquired 100% of the shares in the 39.4 MW Dam Nai...
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