Samsung C&T has created a joint venture with Lilama for a US$940 million engineering, procurement, and construction contract to develop one of Vietnam's first liquefied natural gas-fueled power plants (LNG).
The contract will entail the construction of two 750 MW power plants, Nhon Trach 3 and 4, on an existing location in Dong Nai's southern province.
The projects are expected to be operational by 2025.
Country updates
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February 24, 2022
Super Energy unloads 49% of 837 MW Vietnamese solar business
AC Energy Corp. (ACEN), a publicly traded energy company, has announced that its unit is purchasing a 49% stake in Super Energy Corp.'s Vietnam business for US$165 million. Solar NT plans to own and...
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January 27, 2022
T&T starts construction of 1.5 GW Hai Lang LNG-to-power Phase 1 project
The consortium of companies composed of Vietnam's T&T Group and South Korea's Korea Southern Power Corp (Kospo), Hanwha Energy Corp., and Korea Gas Corp (Kogas), has started the construction...
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January 24, 2022
Trungnam Group commissions 100 MW Dong Hai 1 intertidal wind project in Bac Lieu
Trungnam Group has opened its 100 MW Dong Hai 1 intertidal wind farm in Vietnam’s TraVinh province. Project company Trungnam Tra Vinh 1 Wind Power built the scheme in 10 months with 25 Sie...
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December 15, 2021
Eneos completes acquisition of 19% stake in Hau Giang Solar Power Plant
Japanese oil company Eneos Corp, through its subsidiary Eneos Vietnam Co Ltd, has completed the acquisition of a 19% stake in the operator of the 35 MWp solar photovoltaic plant in Vietnam from&n...
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December 06, 2021
B.Grimm completes acquisition of 80% stakes in 48 MW Huong Hoa 1 wind project
Thai conglomerate B.Grimm Power PCL has completed the acquisition of the majority stakes in Huong Hoa Holding Joint Stock Company, the developer of the 48 MW Huong Hoa 1 wind farm project lo...
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