Gulf Solar Power Project
Sector: Solar • Location: Vietnam
Source: World Bank Group
The project entails the construction of a 50 MW solar plant in Tay Ninh Province, Vietnam. SPV is TTC Energy Development Investment Joint Stock Company, a wholly owned subsidiary of the sponsor, Gulf Energy Development. ADB provided $ 30.2 million in debt, while Asia Infrastructure Fund contributed with another $ 7.6 million. PPA term is 20 years. Financial close took place on January 22, 2020. ht
- Status
- Prospective
- Sector
- Solar, Power Generation (CCGT), Government, Commercial
- Location
- Vietnam
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a 50 MW solar plant in Tay Ninh Province, Vietnam. SPV is TTC Energy Development Investment Joint Stock Company, a wholly owned subsidiary of the sponsor, Gulf Energy Development. ADB provided $ 30.2 million in debt, while Asia Infrastructure Fund contributed with another $ 7.6 million. PPA term is 20 years. Financial close took place on January 22, 2020. https://www.adb.org/sites/default/files/linked-documents/53106-001-sd-03.pdf, https://www.adb.org/news/adb-loan-unlock-long-term-financing-solar-power-viet-nam |
Original sector | Energy |
Budget |
Location
Country | Vietnam |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-10-01 |
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