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 1,050 MW.
Named as O Mon II thermal power plant, the project will require a preliminary capital of about VND30.35 trillion (US$1.325 billion) and will be built O Mon Power Complex in Can Tho.
The investment registration was awarded to the developers on February 8, 2021. The project is the largest foreign direct investment (FDI) in Can Tho.
Country updates
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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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January 29, 2021
Toyo Ventures signs investment & development deal for 2.12 GW Thermal power plant in Vietnam
Toyo Ventures Holdings Bhd (TVHB) announced that the Company entered into an investment and development agreement (“IDA”) with TIGB, a wholly-owned subsidiary of TVHB, and China Energ...
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January 29, 2021
AES divests 51% stake in 1.2 GW Mong Duong 2 coal-fired power plant project in Quang Ninh
The AES Corporation has signed an agreement to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor. This transacti...
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January 27, 2021
DeltaOE to sign PPA for 3.2 GW Bac Lieu LNG-to-Power (LNG2P) project in Mekong Delta
Delta Offshore Energy (DOE) and the Vietnamese Government have started the process of signing a Power Purchase Agreement which involves Bac Lieu LNG-to-Power (LNG2P) on 29 December, 2020. The PPA is a...
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