AES Corp and Viet Nam’s MoIT signed the MOU on gas-fired power plant in Vietnam


On November 8, 2019, MOU between AES Corp and Viet Nam’s Ministry of Industry and Trade (MoIT) for building the 2.2-gigawatt Son My 2 Combined Cycle Gas Turbine Power Plant (CCGT Son My 2) was signed in Hanoi in the presence of Viet Nam’s Prime Minister Nguyen Xuan Phuc and U.S. Secretary of Commerce Wilbur Ross and high-ranking officials of both sides.



The power plant is $1.7 - billion worth and scheduled to start commercial operations in 2024.


AES previously received approval from the Vietnamese government to build a $1.4 billion LNG terminal near the power plant in Vietnam’s southern-central province of Binh Thuan./.