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  1. Market Data
November 3, 2021

Chan May LNG Power Project, Vietnam

By Carmen

The Chan May LNG Power Project is 4,000MW gas fired power project. It is planned in Thua Thien-Hue, Vietnam. The project is currently in announced stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 4,000 4,000 Announced Thua Thien-Hue, Vietnam Chan May LNG; International Finance

Description

The project is being developed by Chan May LNG and International Finance. The project is currently owned by Chan May LNG.

It is a thermal power plant.

The project cost is expected to be around $6,000m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2024.

About Chan May LNG

Chan May LNG JSC (Chan May LNG ) is a liquefied natural gas power plant project. It is located in Vietnam.

About International Finance

International Finance Corp (IFC), a member of the World Bank Group, is a financing corporation that provides investment and advisory services to promote the sustainable growth of private enterprises in developing countries. IFC’s investment services include loans, equity, trade finance, structured finance, and syndications. The company provides advisory services to promote the sustainable growth of private enterprises in emerging markets. It provides advice, problem-solving, and training to companies, industries, and governments. It also offers treasury operations that include borrowing, liquid asset management, asset and liability management, and client risk management activities. IFC is headquartered in Washington, District of Columbia, the US.

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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