The Cai Mep Ha LNG Complex Power Plant is 6,000MW gas fired power project. It is planned in Ba Ria-Vung Tau, 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 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.

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Description

The project is being developed and currently owned by Gen X Energy and T&T Group. The owners have 50% stake in the project respectively.

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 2024. 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 that includes acquisition, development and restructuring of large-scale independent power and energy-related infrastructure projects. The company offers services that 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.

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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.