Thai firm to expand power plants to VN - Kim Minh International 2024

Thailand’s Gulf Energy Development PCL has submitted a power generation plan to the Government of Viet Nam to develop a gas-fired power plant with an initial capacity of 6,000 megawatts (MW), according to the Bangkok Post.

According to Ratthaphol Cheunsomchit, deputy chief executive of Gulf, the firm plans to import liquefied natural gas (LNG) as fuel for the project in Viet Nam.

Besides Viet Nam, Gulf also wants to develop a power plant in Laos.

For Laos, Gulf plans to develop a hydroelectric power plant with a Chinese company to distribute electricity to the State-run Electricity Generating Authority of Thailand.

The project in Laos is forecast to have a capacity of 2,500MW, of which Gulf plans to have a 30-35 per cent stake.

"A final decision will be made on the two new power plants sometime in 2020," Ratthaphol said.

The two major projects are planned after two 5,200MW gas-fired power plants in Chon Buri and Rayong provinces of Thailand began construction. — VNS

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