The O Mon Power Plant II is 1,050MW gas fired power project. It is planned in Can Tho, Vietnam. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 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 | 1,050 | – | 1,050 | Permitting | Can Tho, Vietnam | Marubeni; Vietracimex |
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Description
The project is being developed by Marubeni and Vietracimex. 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 Block B Gas Project.
The project cost is expected to be around $1,330m.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
About Marubeni
Marubeni Corp (Marubeni) is an integrated trading and investment business that operates through its domestic and overseas subsidiaries. The company provides various products and commodities such as marine products, chemicals, energy, metals and minerals, machinery, textiles, forest products and general merchandise, and pulp and paper. It also offers finance, logistics, development and construction services. The company explores transports, stores and markets natural resources. Marubeni provides insurance and reinsurance, fund and Japan real estate investment trust management and property management services, and operates transportation infrastructure projects. It has operations across North America, Central and South America, Europe, Africa, Asia, and Oceania. Marubeni is headquartered in Tokyo, Japan
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.
