{
  "id": 11083406,
  "title": "Doosan Enerbility Wins 838 Billion Won Vietnam Power Plant Deal",
  "url": "https://urgent.news/2026/10/01/doosan-enerbility-wins-838-billion-won-vietnam-power-plant-deal",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-01T02:16:52.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=278010"
  },
  "original_language": "en",
  "account": "Doosan Enerbility has secured a significant contract to construct a 838 billion won, or $615.9 million, gas-fired combined-cycle power plant in Vietnam. The company announced its signing of a construction agreement with Petrovietnam, Vietnam's state-owned energy group, on October 1st for the O Mon 3 Gas Combined-Cycle Power Plant. This contract represents approximately 4.91% of the company's projected 2025 revenue. Doosan Enerbility will team up with PTSC, a Vietnamese energy services subsidiary of Petrovietnam, under an EPC contract to build the 1,155-megawatt power plant in Can Tho, located around 180 kilometers southwest of Ho Chi Minh City. This project will be the first to employ a steam turbine manufactured by Doosan Enerbility in a Vietnamese gas-fired combined-cycle power plant. Construction is set to commence in October 2022 and is expected to be completed by 2030. The plant's completion will contribute to a stable electricity supply for southern Vietnam. This contract strengthens Doosan Enerbility's presence in Southeast Asia's power generation market, following its recent win for the O Mon 4 power plant. The company has now secured five gas-fired combined-cycle power plant construction projects, domestically and overseas, this year. Other recent contracts include the Jafurah cogeneration power plant in Saudi Arabia, the Duqm gas-fired combined-cycle power plant in Oman, and the Misfah project in Oman. Including the latest deal, Doosan Enerbility's cumulative contract value for the year totals approximately 3.87 trillion won. Lee Seong-yeol, head of Plant EPC Sales at Doosan Enerbility, highlighted the company's competitiveness in Vietnam's gas-fired power generation market and its ambition to secure more contracts in the region by successfully executing these projects.",
  "summary": "Doosan Enerbility has secured a major contract to build a gas-fired combined-cycle power plant in Vietnam worth approximately 838 billion won, or about $615.9 million, expanding its presence in Southeast Asia’s power generation market.The company announced on Oct. 1 that it had signed a construction",
  "key_points": [
    "Doosan Enerbility secures $615.9M gas-fired power plant deal in Vietnam",
    "Company to build 1,155MW O Mon 3 plant in Can Tho with Petrovietnam",
    "First Vietnamese project using Doosan's steam turbine technology"
  ],
  "editors_take": "Doosan Enerbility's latest contract win in Vietnam solidifies its presence in Southeast Asia's power generation market and brings its cumulative contract value for the year to approximately 3.87 trillion won.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Doosan Enerbility-led consortium wins 840 bln-won plant deal in Vietnam",
        "url": "https://urgent.news/2026/10/01/doosan-enerbility-led-consortium-wins-840-bln-won-plant-deal-in",
        "published": "2026-10-01T02:05:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}