La Pech 1 is a 50MW onshore wind power project. It is planned in Gia Lai, Vietnam. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 50 | – | 50 | Permitting | Gia Lai, Vietnam | Gulf Energy Development |
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Description
The project is being developed and currently owned by Gulf Energy Development. The company has a stake of 100%.
The project is expected to generate 145,000MWh of electricity. The project cost is expected to be around $64.617m.
The wind power project consists of 20 turbines, each with 2.5MW nameplate capacity.
The project will have 93m high towers.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2022.
Power Purchase Agreement
The power generated from the project will be sold to Vietnam Electricity under a power purchase agreement. The power will be sold at the rate of $0.085kWh for a period of 20 years.
About Gulf Energy Development
Gulf Energy Development PCL (Gulf Energy), formerly known as Gulf Energy Development Co Ltd, is an energy producer. The company offers electricity, steam, and chilled water generating units and others. It sells electricity to Electricity Generating Authority of Thailand (EGAT) and other industrial users through Independent Power Producer (IPP) and Small Power Producers (SPP) programs. The company also sells electricity to Provincial Electricity Authority (PEA) through Very Small Power Producers (VSPP) program. Gulf Energy is headquartered in Lumini, Bangkok, Thailand.
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.
