Thermal capacity accounted for 50.5% of total power plant installations globally in 2023, according to GlobalData, with total recorded thermal capacity of 4,608GW. This is expected to contribute 35.2% by the end of 2030 with capacity of installations aggregating up to 5,040GW. Of the total global thermal capacity, 0.77% is in Vietnam. Listed below are the five largest upcoming thermal power plants by capacity in Vietnam, according to GlobalData’s power plants database. GlobalData uses proprietary data and analytics to provide a complete picture of the global thermal power segment. Buy the latest thermal power plant profiles here.
1. Soc Trang LNG Power Project
The Soc Trang LNG Power Project is a 9,600MW thermal power project located in Soc Trang, Vietnam. It is being developed by Millennium Energy Vietnam. The project is currently in announced stage. The project is expected to enter commercial operation in 2028. The project is owned by Millennium Energy Vietnam. Buy the profile here.
2. Long Son Petroleum Industrial Zone Power Plant
Long Son Petroleum Industrial Zone Power Plant is a 4,800MW thermal power project in Ba Ria-Vung Tau, Vietnam. Marubeni is developing this project. The project is expected to come online by 2025. The project is currently in permitting stage. It is owned by Marubeni. Buy the profile here.
3. Long Son Electricity Centre Power Plant
The 4,500MW Long Son Electricity Centre Power Plant is located in Ba Ria-Vung Tau, Vietnam. It is owned by Power Engineering Consulting 2; Mitsubishi; Thanh Thanh Cong Industrial Zone; Pacific; General Electric International; Evngenco 3. The thermal project is currently in permitting stage. The commercial operation of the project is expected in 2025. Power Engineering Consulting 2; Mitsubishi; Thanh Thanh Cong Industrial Zone; Pacific; General Electric International; Evngenco 3 is developing this project. Buy the profile here.
4. Hai Lang Electricity Centre Power Plant
The Hai Lang Electricity Centre Power Plant is a 4,500MW thermal power project. It is planned in Quang Tri, Vietnam. The project is currently in under construction stage. It will be developed by T&T Group. Post completion of construction, the project is expected to get commissioned by 2027. T&T Group; Korea Southern Power; Korea Gas; Hanwha Energy is the owner of the project. Buy the profile here.
5. Chan May LNG Power Project
The 4,000MW thermal project, Chan May LNG Power Project is expected to get commissioned by 2024. It is being developed by International Finance; Chan May LNG. The project is currently in announced stage. Chan May LNG is the owner of the project. Buy the profile here.
For more details on the latest thermal power plants, buy the project profiles here.
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