The Son My 1 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.
Smarter leaders trust GlobalData
Description
The project is being developed and currently owned by Electricite de France, Kyushu Electric Power, Pacific and Sojitz. The company's ownership stake in the project stands as 37.5%, 25%, 18.75% and 18.75% respectively.
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.
For more details on Son My 1 Power Plant, buy the profile here.
About Electricite de France
Electricite de France SA (EDF) is an integrated electricity provider. It carries out generation, transmission, distribution, energy supply, trading, energy services and other related services. It produces electricity using nuclear, hydro, gas, fuel oil, coal and other renewable sources. EDF also carries out hydrocarbon exploration and production, waste recovery, gas supply, provides energy and environmental services, and manages heating and cooling networks, produces renewable energies, and industrial utilities. The company serves various residential, industrial, commercial, local authorities, companies and professionals in Africa, Asia, North America, Europe and other regions. EDF is headquartered in Paris, Ile-de-France, France.
About Kyushu Electric Power
Kyushu Electric Power Co Inc (Kyushu Electric) primary activities include power generation, sales, transmission, and distribution, both domestically and overseas. The company stores, vaporizes, delivers and sells liquefied natural gas (LNG); and purchases, operates, charters and rents LNG carriers. Kyushu Electric also constructs, maintains and repairs power generation facilities. The company generates electricity from various sources including nuclear, thermal, hydroelectric, geothermal, internal combustion, wind, solar and biomass sources. Kyushu Electric's non-energy businesses include IT and telecommunications, environmental and recycling businesses as well as lifestyle-oriented services. The company through IPP projects operates in Asia, North America, Latin America and Middle East. Kyushu Electric is headquartered in Kyushu, Fukuoka, Japan.
About Pacific
Pacific Corp (Pacific) is an investment company that carries out engineering, procurement and construction and real estate operations. The company’s major investment areas include the construction and development of thermal, hydro, solar and wind power plants. It also invests in infrastructure projects, transportation, industrial manufacturing plants, auxiliary industries and industrial defense parks. Pacific Corp's real estate investments include the development of residential and commercial buildings such as shopping malls, offices and resorts among others. It also provides consulting services for power projects. The company serves to the energy, mining, and government sectors among others. It has operations in Binh Thuan, Ha Noi and Hoa Binh provinces of Vietnam. Pacific Corporation is headquartered in Ha Noi, Vietnam.
About Sojitz
Sojitz Corp (Sojitz) is an integrated global trading and investment group. The company has an interest in an array of businesses worldwide including buying, selling, importing and exporting goods, manufacturing and selling products, and planning and coordinating projects. The company also invests in various sectors, conducts financing activities and provides logistics and insurance services. It operates in a broad range of sectors including automobiles, agricultural and forestry resources, chemicals, consumer goods, energy, foodstuff resources, industrial parks, mineral resources and plants. The company has operations in the Americas, Europe, the Middle East, Africa, Asia and Oceania. Sojitz is headquartered in Tokyo, Japan.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
