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Sermsang Binh Nguyen Solar PV Plant

Sector: Power Generation (CCGT) • Location: Vietnam

Source: World Bank Group

Project
Active

The project entails the construction of a solar power plant with a generating capacity of 50MW in Bihn Nguyen, Vietnam. Total investment stands at $ 49.6 million. Sponsors of the project are Sermsang Power Corporation ($ 11.68 million) and Truong Thanh Viet Nam Group ($ 2.92 million). The equity stands at $ 14.6 million. The $ 35 million in debt was provided by the Export- Import Bank of Thailand

Status
Prospective
Sector
Power Generation (CCGT), Solar, Commercial, Government
Location
Vietnam
Updated
22 Jul 2026
Source
World Bank Group

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The project “Sermsang Binh Nguyen Solar PV Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Vietnam. Taiyo aggregates data on it from World Bank Group.

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 solar power plant with a generating capacity of 50MW in Bihn Nguyen, Vietnam. Total investment stands at $ 49.6 million. Sponsors of the project are Sermsang Power Corporation ($ 11.68 million) and Truong Thanh Viet Nam Group ($ 2.92 million). The equity stands at $ 14.6 million. The $ 35 million in debt was provided by the Export- Import Bank of Thailand, which provided $ 25 million and the Bank for Investment and development of Vietnam, which provided $ 10 million. Debt to equity ratio is 71:29. Financial close took place on November 30th, 2021. https://ijglobal.com/data/transaction/46310/sermsang-binh-nguyen-solar-pv-plant-50mw

Original sector

Energy

Budget

Location

Country

Vietnam

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Solar, Commercial, Government

Article published date

2024-05-23

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