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Thailand’s energy firm plans power plant in Vietnam, Laos

The Gulf Energy Development PCL of Thailand plans to develop power plants in Vietnam and Laos to strengthen its business presence in Indochina, local media reported.
Thailand’s energy firm plans power plant in Vietnam, Laos
Thailand’s energy firm plans power plant in Vietnam, Laos ảnh 1A Gulf plant (Source: Thaiembdc.org)

Bangkok (VNA) – The Gulf EnergyDevelopment PCL of Thailand plans to develop power plants in Vietnam and Laosto strengthen its business presence in Indochina, local media reported.

Ratthaphol Cheunsomchit, deputy chief executiveof Gulf, said the firm had submitted its plan to the Vietnamese government forfuture development of a gas-fired power plant with an initial capacity of6,000MW.

It plans to import liquefied natural gas (LNG)as fuel for the project in Vietnam, he said.

Meanwhile, for Laos, Gulf wants to join hands witha Chinese company to build a hydropower plant and distribute electricity to thestate-run Electricity Generating Authority of Thailand. This project is set tohave a capacity of 2,500MW, of which Gulf plans to have a 30-35 percent stake.

Ratthaphol said the final decision on the twoplants will be made in 2020, adding that the gas-fired power plant in Vietnamis part of the firm’s plan to become an LNG shipper in Southeast Asia becauseof rising gas demand.-VNA
VNA
#Gulf Energy Development PCL of Thailand#power plants in Vietnam and Laos#Ratthaphol Cheunsomchit#gas-fired power plant#hydropower plant#LNG shipper#gas demand#Vietnam news agency#vietnamplus
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