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January 5, 2022

Thai Binh 1 Thermal Power Plant, Vietnam

By Carmen

Thai Binh 1 Thermal Power Plant is a 600MW coal fired power project. It is located in Thai Binh, Vietnam. The project is currently active. It has been developed in multiple phases. The project construction commenced in 2016 and subsequently entered into commercial operation in January 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 600 600 Active Thai Binh, Vietnam Marubeni


The project was developed by Marubeni and is currently owned by Vietnam Electricity.

It is a Steam Turbine power plant.

The project generated 3,600,000MWh of electricity. The project cost is $1,140m.

Development Status

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The project construction commenced in 2016 and subsequently entered into commercial operation in January 2018.

Contractors Involved

Marubeni was selected to render EPC services for the coal fired power project.

Fuji Electric was selected as the turbine supplier for the Coal fired project.

Fuji Electric supplied electric generator for the project.

Amec Foster Wheeler supplied steam boiler for the project.

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


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.

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