The Bac Lieu Gas Fired Power Project is 3,200MW gas fired power project. It is planned in Bac Lieu, 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 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed by Delta Offshore Energy and Energy Capital Vietnam. The project is currently owned by Delta Offshore Energy with a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from Magnolia LNG LLC.
The project cost is expected to be around $4,000m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
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 $0.07kWh for a period of 25 years.
Contractors involved
Bechtel is expected to render engineering procurement construction services for the gas fired power project.
Bac Lieu Gas Fired Power Project (Bac Lieu Gas Fired Power Project Phase I) will be equipped with GE Power 9HA.02 gas turbines.
Bac Lieu Gas Fired Power Project (Bac Lieu Gas Fired Power Project Phase II) will be equipped with GE Power 9HA.02 gas turbines.
Bac Lieu Gas Fired Power Project (Bac Lieu Gas Fired Power Project Phase III) will be equipped with GE Power 9HA.02 gas turbines.
Bac Lieu Gas Fired Power Project (Bac Lieu Gas Fired Power Project Phase IV) will be equipped with GE Power 9HA.02 gas turbines.
For more details on Bac Lieu Gas Fired Power Project, buy the profile here.
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.
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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.
