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November 29, 2021

Ca Mau 3 Combined Cycle Power Plant, Vietnam

By Carmen

The Ca Mau 3 Combined Cycle Power Plant is 1,500MW gas fired power project. It is planned in Ca Mau, Vietnam. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 1,500 1,500 Permitting Ca Mau, Vietnam PetroVietnam Power

Description

The project is being developed and currently owned by PetroVietnam Power. The company has a stake of 100%.

It is a combined cycle gas turbine (ccgt) power plant.

The project cost is expected to be around $1,500m.

Development Status

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The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.

About PetroVietnam Power

PetroVietnam Power Corp (PV Power) is a utility company that generates and distributes electricity. The company produces electricity using crude oil, natural gas, hydro, coal, and gas sources. It also offers services that include management, construction, and operation of power plants, clean power CDM projects, electric power infrastructure; power generation and trading; consulting; and import and export services. PV Power also invests in power projects. The company owns and operates gas and coal-fired thermal, hydropower, and wind power projects in Vietnam. Its project portfolio includes CA MAU 1 Gas Thermal Power Plant; NHON TRACH 1 Gas Thermal Power Plant, Dakdrinh Hydropower Plant, Xekaman Hydropower Plant, and others. PV Power is headquartered in Ha Noi, Vietnam.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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