The Mui Ke Ga Gas Fired Power Project is 3,200MW gas fired power project. It is planned in Binh Thuan, 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 a single phase. 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 by B.Grimm, Energy Capital Vietnam and Korea Gas. The project is co-owned by Energy Capital Vietnam and Korea Gas, with their respective ownership stake of 50% each.

It is a Thermal power plant. The fuel will be procured from Gunvor International BV.

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 B.Grimm

B.Grimm & Co Ltd (B.Grimm) is a diversified company that provides real estate, transport, and healthcare services. The company operates in power generation, cooling, lifestyle and manufacturing among others. Its energy business develops and operates combined cycle cogeneration power plants. B.Grimm produces biodiesel in its petrochemical business and manufactures cooling towers in the power generation business. The company distributes heating and air conditioning systems, refrigeration products and building security systems. It develops office buildings and supplies turnkey systems and services for elevated electrical mass transit systems. The company also delivers medical products and operates outlets for fragrances, exquisite cuisine, spa treatments and others. B.Grimm is headquartered in Bangkok, Thailand.

About Energy Capital Vietnam

Energy Capital Vietnam LLC is a Financial services company that offers direct investment in energy infrastructure spectrum. The company is Headquartered in Dallas, Texas, The U.S.

About Korea Gas

Korea Gas Corp (KOGAS) is a vertically integrated natural gas company that operates in upstream, midstream, and downstream segments of the natural gas industry. It explores for, produces, and distributes natural gas. It also purifies and sells by-products; imports and exports natural gas and liquefied natural gas (LNG); and constructs and operates LNG terminals and natural gas distribution networks. The company explores for and produces natural gas in the Middle East, South East Asia, and Russia regions. It operates LNG terminals and a pipeline network and imports LNG and sells it to city gas companies, gas utility companies, and power generation companies. KOGAS is headquartered in Daegu, Republic of Korea.

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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.