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Photo = Yonhap news |
[Alpha Biz= Kim Jisun] On June 9, Doosan Enerbility announced that it has secured a gas-fired combined cycle power plant project worth approximately KRW 900 billion (USD 650 million) in Vietnam. The project, commissioned by Vietnam’s state-owned enterprise PetroVietnam (PVN), involves the construction of the O Mon 4 plant with a total generation capacity of 1,155MW.
Doosan Enerbility, in consortium with Vietnam’s PECC2 (Power Engineering Consulting Joint Stock Company 2), will be responsible for supplying key equipment, construction, and commissioning of the plant. Located about 180km southwest of Ho Chi Minh City, the plant is scheduled for completion in 2028 and is expected to significantly contribute to the stability of power supply in southern Vietnam.
A Doosan Enerbility spokesperson stated, “Vietnam plans to expand its gas-fired power generation capacity to 37.4GW by 2030, and we intend to actively pursue further project opportunities in the region.”
This contract marks the fifth overseas gas-fired power project secured by Doosan Enerbility this year alone, totaling around KRW 4.3 trillion. Notably, in March, the company also won a contract for the construction of two gas-fired power plants in Saudi Arabia—Luma 1 and Nairiyah 1—valued at approximately KRW 2.2 trillion, in partnership with a consortium led by Korea Electric Power Corporation (KEPCO). Each 180MW plant will be built northeast of Riyadh, at distances of 80km and 470km respectively.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
