The Son My 2 Power Plant is 2,250MW 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 multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in December 2025. Buy the profile here.
Description
The project is being developed and currently owned by The AES. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from Lo B O Mon Field, Ca Voi Xanh Field.
The project cost is expected to be around $2,236.82m.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by December 2025.
Power purchase agreement
The power generated from the project will be sold to Government of Vietnam under a power purchase agreement for a period of 20 years.
For more details on Son My 2 Power Plant, buy the profile here.
About The AES
The AES Corp (AES) is a power utility. It generates, transmits and distributes electricity. The company produces energy using the hydro, pet coke, diesel, biomass, oil, solar, heavy fuel oil, landfill gas, wind, coal, gas and energy storage sources. Under power purchase agreements, it sells the electricity to utilities, industrial users and other intermediaries. The company also owns and operates electric utilities, which generate, purchase, transmit, distribute and sell electricity to serve customers in the residential, industrial, commercial and governmental sectors. The company has operational presence in North America, Asia, Europe, South America, Central America and the Caribbean. AES is headquartered in Arlington, Virginia, 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.
