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GEC

Sector: Wind • Location: Viet Nam

Source: International Finance Corporation (IFC)

Project
Completed

Gia Lai Electricity JSC (“GEC” or “the Company”), founded in 1989, is one of the Vietnam’s largest private-sector independent small hydroelectric power producers. GEC owns and operates 15 existing hydro power projects (“HPPs”) totaling 84MW in installed capacity. The majority of GEC’s portfolio is small hydro power projects, ranging from 0.3MW to 16MW. It has around 278 staff.GEC’s business mod

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The project “GEC” is an infrastructure initiative in the Wind sector, located in Viet Nam. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

Gia Lai Electricity JSC (“GEC” or “the Company”), founded in 1989, is one of the Vietnam’s largest private-sector independent small hydroelectric power producers. GEC owns and operates 15 existing hydro power projects (“HPPs”) totaling 84MW in installed capacity. The majority of GEC’s portfolio is small hydro power projects, ranging from 0.3MW to 16MW. It has around 278 staff.GEC’s business model mainly consists of the development and acquisition of small HPPs, wind and solar projects. While GEC’s ownership varies from project to project, it usually assumes an active leading role in design, construction, and operation depending on the project stage. The International Finance Corporation (IFC) – the private sector investment arm of the World Bank Group – is considering an equity investment in GEC to support renewable energy development in Vietnam.

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Source reliability

High

Data quality score

100%

Source

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URL

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