The Vietnamese government plans to increase the country’s power generation capacity to 150 GW by 2030 by reviewing expansion of its offshore wind power generation capacity and establishment of a new nuclear power plant.
Mar 11, 2025
LS Eco Energy, a subsidiary of LS Cable & System Limited, has announced plans to expand its power infrastructure business by cooperating with the Vietnamese Ministry of Industry and Trade.
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The Vietnamese government plans to increase the country’s power generation capacity to 150 GW by 2030. It is reviewing the expansion of its offshore wind power generation capacity and the establishment of a new nuclear power plant.
With the new nuclear power plant construction, LS Eco Energy is expected to secure an opportunity for a project to establish a power network worth billions of won.
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As Vietnam’s leading cable company and one of the few companies equipped with ultra-high voltage cable production facilities, LS is expected to play a pivotal role in expanding Vietnam’s electric power infrastructure.
