The Chan May LNG Power Project is 4,000MW gas fired power project. It is planned in Thua Thien-Hue, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced 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 Chan May LNG and International Finance. The project is currently owned by Chan May LNG with a stake of 100%.
It is a Thermal power plant.
The project cost is expected to be around $6,000m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
For more details on Chan May LNG Power Project, buy the profile here.
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 problem-solving, advice, 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.
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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.
