Driven by high economic growth, demand for electricpower in Asia continues to increase at a much faster ratethan the global average. Ensuring stable supplies of powerhas become a major issue.To address this situation, Sojitz is focusing efforts inpower generation, and in the year ended March 31, 2013,won consecutive orders for two large-scale powergeneration projects in Vietnam. These projects willcontribute to stable power supplies to meet demand inVietnam, which is increasing by about 15% annually.

The first order was in May 2012 from Vietnam’s stateownedoil company Petrovietnam for Thai Binh 2, a 1,200MW coal thermal power plant to be built in Thai Binhprovince in northern Vietnam. This will be among the largestpower generation projects in Vietnam.The second order was in August 2012 from Vietnam’snational power company Vietnam Electricity for O Mon 1, a300 MW thermal power plant to be built in Can Tho City insouthern Vietnam. Both power plants are expected tocome on line in 2015.

Sojitz is also focusing on other power generationprojects in Vietnam that contribute to improving thecountry’s infrastructure, including investment in Phu My 3,an IPP project.

Main Power Generation Projects in Vietnam That Sojitz is Working On