The Son My 2 Power Plant is 2,250MW gas fired power project. It is planned in Binh Thuan, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2027. Buy the profile here.
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Description
The project is being developed and currently owned by The AES. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from Son My LNG Terminal.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2027.
Power purchase agreement
The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement for a period of 20 years.
For more details on Son My 2 Power Plant, buy the profile here.
About The AES
The AES Corp (AES) is a power utility. It generates, transmits, and distributes electricity. The company produces energy using the hydro, pet coke, diesel, biomass, oil, solar, heavy fuel oil, landfill gas, wind, coal, gas, and energy storage sources. Under power purchase agreements, it sells the electricity to utilities, industrial users, and other intermediaries. The company also owns and operates electric utilities, which generate, purchase, transmit, distribute, and sell electricity to serve customers in the residential, industrial, commercial, and governmental sectors. The company has operational presence in North America, Asia, Europe, South America, Central America, and the Caribbean. AES is headquartered in Arlington, Virginia, the US.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
