Tohoku Electric Power to acquire 10% stake in Kepco and 1,200MW Nghi Son 2 coal-fired power plant
Tohoku Electric Power is to acquire 10% stake in Korea Electric Power (Kepco) and 1,200MW Nghi Son 2 coal-fired power plant in Vietnam. The acquisition is subject to approval of the government of Vietnam.
The project is the first large-scale, coal-fired power plant being developed by foreign investors in Vietnam to have investment license in the country.
The project is owned by Kepco and Marubeni following an international tender in 2013. The loans amounting to USD 2.5 billion were signed in April 2018 after years of delay.
Country updates
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February 27, 2019
JA Solar supplies PV modules for solar project in Ninh Thuan
JA Solar has supplied all 48.3 MW PERC modules for BP Solar 1 photovoltaic power plant in Vietnam. Located in Ninh Thuan Province, the solar plant is developed and constructed by Bac Phuon...
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January 28, 2019
Construction works complete at 70 MW solar PV project in Vietnam
Construction of Krong Pa mega-solar project has been completed. JGC Corporation and its subsidiary, JGC Vietnam, were awarded the EPC contract on March, 2018 by the Gia Lai Electricity Joint Stock Com...
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January 09, 2019
Gulf Energy acquires additional stake in 50 MW solar project in Vietnam
Gulf Energy Development Public Company Limited has announced that its subsidiary has entered into a share purchase agreement and shareholder agreement with a subsidiary of Thanh Thanh Cong Group (TTC...
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January 08, 2019
Sao Mai Group to cooperate with HD Bank on 210 MW solar project in Vietnam
Sao Mai Group has announced that it has signed a cooperation agreement with HD Bank for the Sao Mai Solar PV1 project, which involves the installation of up to 210 MW photovoltaic capac...
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December 12, 2018
Enterprize Energy plans to build up to 3.4 GW offshore wind project in Vietnam
Enterprize Energy has planned to build the 3.4 GW Ke Ga offshore wind farm in Binh Thuan province, Vietnam. The project is valued at around US$12 billion excluding the investment for the power...
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