Yokohama, Japan - JGC Corporation has announced the completion of the Krong Pa mega-solar project for which JGC and its subsidiary, JGC Vietnam, were awarded the EPC contract in March, 2018 by the Gia Lai Electricity Joint Stock Company, a subsidiary of the Thanh Thanh Cong Group^※. The EPC work was completed by the JGC Group in December, 2018 and the commercial operation of the plant was commenced by the client in the same month.

Making the most of our extensive experience of projet execution in Vietnam, together with the JGC Group's high-quality engineering capablity and thorough management of procurement and construction work, the project was completed on schedule and has received high praise from the client.

In addition to this recently completed project, the JGC Group has received orders for the execution of two other mega-solar power plants for the TTC Group in Tay Ninh Province (the TTC 1 Project and the TTC 2 Project) in May and July, 2018, respectively. Work on these two projects is currently being executed, aimed at completion within the spring of this year.

The total output of the Krong Pa mega-solar power plant and the two other plants presently under construction is calculated to be 190 MW (DC), and the JGC Group will accomplish a great achievement in constructing Vietnam's largest-scale mega-solar power plants in terms of power generation capacity.

In response to Vietnam's drive toward the further development of renewable energy sources, JGC and JGC Vietnam, as well as pursuing further contracts for mega-solar projects, are aiming to win contracts for the construction of wind power plants.

In addition, with increasing populations, improvements in living standards and growing awarness of the enviroment, consideration is being given to the construction of a large number of renewable energy plants not only in Vietnam but also in other Southeast Asian countries. Together with its local subsidiaries in this area, JGC is actively seeking to expand its activities in this business field as part of its bid to realise the strengthening of its business activities in the area of infrastructure, including photovoltaic, wind power and other forms of renewable power generation, as laid down in its present medium-term management plan.


^※Thanh Thanh Cong Group

The TTC Group is a multi-industry corporation with over 150 subsidiaries and joint companies and a history of nearly 40 years in several business areas including real estate, energy, agriculture, education and hospitality.

＜Project Outline＞

Project Name	Krong Pa mega-solar Project
Client	Gia Lai Electricity Joint Stock Company
Investors (Investment Ratio)	TTC Group (51.00 %), Armstrong Asset Management (20.05 %), International Finance Corporation (15.95 %), Others (13.00 %)
Construction Site	Krong Pa District of Gia Lai Province, Vietnam
Power Output (DC)	Approximately 70 MW
Scope of Work	Engineering, Procurement, Construction (EPC)
Contract Type	Lumpsum Contract
Contract Amount	Not Disclosed
Contract Award	March, 2018
Completion	December, 2018
Photographs of Completed Project