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NGHI SON 2 POWER LIMITED LIABILITY COMPANY

Active

Business ID 2802122729

NGHI SON 2 POWER LIMITED LIABILITY COMPANY

Active

Business ID 2802122729

NGHI SON 2 POWER LIMITED LIABILITY COMPANY

Active

Summary

Name:

NGHI SON 2 POWER LIMITED LIABILITY COMPANY

Business ID (TIN):

2802122729

Date of Registration:

20 Jan 2014

Registered Office:

Thanh Hoa Province Department of Planning and Investment

Address:

Ha Bac Village, Nghi Son Economic Zone, Hai Ha Commune, Nghi Son Town, Thanh Hoa Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

According to the certificate of incorporation, company report, financial statement if any, and ownership structure, NGHI SON 2 POWER LIMITED LIABILITY COMPANY, operating under the Business ID (TIN) 2802122729, is situated at Ha Bac Village, Nghi Son Economic Zone, Hai Ha Commune, Nghi Son Town, Thanh Hoa Province, Vietnam. Established on 20 Jan 2014, the company entered the business sector with a focus on electric power generation. With a charter capital of VND 6,445,571,905,000, NGHI SON 2 POWER LIMITED LIABILITY COMPANY is well-positioned financially to support its operations. Key strategic decisions are made by HIROHIDE S, ensuring effective guidance for the company.

Nghi Son 2 Power Limited Liability Company (NS2PC) is a significant energy provider in Vietnam, operating the Nghi Son 2 Thermal Power Plant located in the Nghi Son Economic Zone, Thanh Hoa Province. This facility, with a net capacity of 1,200 MW, commenced commercial operations in July 2022 and generates approximately 7.8 billion kWh annually, supplying electricity to over six million households.

NS2PC is a joint venture owned by Marubeni Corporation (Japan), Korea Electric Power Corporation (KEPCO), and Tohoku Electric Power Co., Inc. (Japan). The company was established under Vietnamese enterprise law to develop and operate the Nghi Son 2 BOT Thermal Power Plant.

The leadership team of NS2PC includes Michael W. Savidge, who serves as the Executive Vice President and Plant General Manager. Under his guidance, the company has focused on efficient plant operations and fostering cultural exchange. For instance, Mr. Savidge has introduced aspects of ancient Vietnamese civilization, such as the Dong Son bronze drums, to both foreign and local experts, enriching the cultural understanding within the organization.

The Nghi Son 2 Thermal Power Plant utilizes advanced supercritical coal-fired technology, enhancing efficiency and reducing emissions compared to traditional coal-fired plants. Construction began in July 2018, and the plant achieved full commercial operation by July 2022. The project represents a substantial investment of approximately $2.79 billion and operates under a 25-year build-operate-transfer (BOT) agreement, after which ownership will transfer to the state-owned Vietnam Electricity (EVN).

In addition to its energy production, NS2PC is committed to community development and environmental sustainability. The company has implemented social support programs in the local area, including clean water supply initiatives, vocational training, healthcare support, and disease prevention efforts. These initiatives aim to contribute positively to the socio-economic development of the Thanh Hoa province and improve the quality of life for its residents.

Through its strategic partnerships, advanced technology, and dedication to community engagement, Nghi Son 2 Power Limited Liability Company plays a vital role in bolstering Vietnam's energy infrastructure and supporting sustainable development in the region.

Legal Profile

English Name:

NGHI SON 2 POWER LIMITED LIABILITY COMPANY

Vietnamese Name:

CÔNG TY TNHH ĐIỆN NGHI SƠN 2

Short Name:

NS2PC

Business ID (TIN):

2802122729

Date of Registration:

20 Jan 2014

Registered Office:

Thanh Hoa Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

CHOI C.K

Address:

Ha Bac Village, Nghi Son Economic Zone, Hai Ha Commune, Nghi Son Town, Thanh Hoa Province, Vietnam

Representative office:

11th Floor, Ha Noi Lake View Building, No. 28, Thanh Nien Street, Hong Ha Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

3511 Electric power generation

NAICS:

22111 Electric Power Generation

Industry Sales Growth

CAGR (2019 - 2023)

-35.63%

YoY (2023)

-44.16%

Companies by industry

Company distribution and propportions

5,028

0.1729%

Key Industry Players

Top 10 companies in electric power generation industry

petrovietnam power corporation quang ninh thermal power joint stock company vinacomin - power holding corporation power generation joint stock corporation 3 aes mong duong power company limited nghi son 2 power limited liability company power generation corporation 1 vinh tan 1 power company limited jaks hai duong power company limited janakuasa vietnam limited

Payment History

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Financial Performance

Assets	25.22%
Owner’s Equity	-79.30%
Working Capital	32.45%
Net Worth	40.48%
Sales	-91.76%
Operating income	-48.93%
EBIT	21.43%
Gross Profit Margin	75.02%
Debt to EBITDA	54.95%

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Specific Questions About NGHI SON 2 POWER LIMITED LIABILITY COMPANY

When did NGHI SON 2 POWER LIMITED LIABILITY COMPANY start operating?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY was started in 20 Jan 2014

What industry does NGHI SON 2 POWER LIMITED LIABILITY COMPANY operate in?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY is operating in "Electric power generation" industry

How can I contact NGHI SON 2 POWER LIMITED LIABILITY COMPANY?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY don't share phone numbers information

What adverse news is there about NGHI SON 2 POWER LIMITED LIABILITY COMPANY?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY’s has no negative news

What is stock symbol of NGHI SON 2 POWER LIMITED LIABILITY COMPANY?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY is not listed company

Where is the location of NGHI SON 2 POWER LIMITED LIABILITY COMPANY?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY is located at Ha Bac Village, Nghi Son Economic Zone, Hai Ha Commune, Nghi Son Town, Thanh Hoa Province, Vietnam

What is NGHI SON 2 POWER LIMITED LIABILITY COMPANY’s business registration?

NGHI SON 2 POWER LIMITED LIABILITY COMPANY business registration is 2802122729

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