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[BUSINESS] · Vietnam · 4 sources

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Vietnam provinces advance major energy infrastructure projects

Sơn La province and Xuan Thien Group have agreed to a timeline for the Dong Phu Yen pumped storage hydropower project. The project, invested by Xuan Thien Ninh Binh Co., Ltd., has a total capacity of 1,200 MW and an estimated investment of 27,870 billion VND. Construction is targeted to begin on November 15, 2026, in Muong Bang and Muong Coi communes. The project will be implemented in two stages, providing 900 MW and 300 MW respectively, to enhance power system regulation and support renewable energy integration.

In Ca Mau province, authorities have outlined an energy development plan for the 2026–2030 period aimed at transforming the region into an energy and electricity export hub. The province intends to operate several wind power projects, including Ca Mau 1A, 1B, and Tan Thuan phase 3, with a combined capacity of 300 MW by 2026. Long-term goals include supporting offshore wind projects with a potential capacity of 11,500 MW and expanding the Ca Mau 1 and 2 thermal power plants.

Entities

Cà Mau province · Ministry of Industry and Trade · Sơn La province · Xuan Thien Group