The Cai Mep Ha LNG Complex Power Plant is 6,000MW gas fired power project. It is planned in Ba Ria-Vung Tau, Vietnam. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 6,000 | – | 6,000 | Permitting | Ba Ria-Vung Tau, Vietnam | Gen X Energy; T&T Group |
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Description
The project is being developed by Gen X Energy and T&T Group. These companies also have ownership stakes in the project.
It is a combined cycle gas turbine (ccgt) power plant. The fuel will be procured from cai mep ha lng terminal.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2025.
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About Gen X Energy
Gen X Energy Pte Ltd (Gen X Energy) is an energy company focused on the acquisition, development and restructuring of large-scale independent power and energy related infrastructure projects. The company offers services which include project acquisition and development opportunities in both emerging and developed markets; project finance; market relationship contracts; construction, operation and maintenance of renewable energy power plants. It also provides finance for greenfield power generation projects. Gen X Energy constructs and manages energy and infrastructure projects in Vietnam, Taiwan, India, China, Bangladesh, Sri Lanka and the Philippines. The company has operational presence in Vietnam and the US. Gen X Energy is headquartered in Singapore City, Singapore.
About T&T Group
T&T Group JSC (T&T Group) operates in real estate, finance, industry, sports, and import-export trading. Its real estate projects include residential units, trade centres, office buildings, resorts, marine eco-tourism areas, urban areas, and industrial zones. It is headquartered in Hanoi, 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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