Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power plant project in Vietnam.
Doosan Enerbility Chmn. Park was part of an economic delegation, who accompanied President Lee Jae-myung, on a visit to Vietnam.
He attended events, such as a business round table and a business forum and solidified cooperation relationships with Vietnamese government and energy leaders in the nuclear power sector.
Yoon Yo-han, head of the Marketing Division at Doosan Enerbility, struck MOUs on cooperation in Vietnam’s new nuclear power plant and development of supply chains each with PTSC and PETROCONs on the sidelines of the Korea-Vietnamese Business Forum, which took place in Hanoi.
Yoon Yo-han, head of the Marketing Division at Doosan Enerbility (3rd from right), poses in the presence of MOTIR Minister Kim Jung-kwan (8th from right) and Minister Ngo Van Tuan of Finance of Vietnam (7th from right) after he signed business agreements for cooperation in Vietnam's new nuclear power projects and supply chain development with local Vietnamese companies PTSC and PETROCONs at the 'Korea-Vietnam Business Forum' held in Hanoi, Vietnam, on April 23.
PTSC and Petrocons are subsidiaries of PetroVietnam (PVN), and PVN is implementing the Ninh Thuan 2 nuclear power plant project in central Vietnam.
The deals take on significance since “Team Korea,” headed by Korea Electric Power Corp. seeking to participate in Vietnam’s new nuclear power project, Doosan Enerbility, has spearheaded building a cooperative regime with major Vietnamese companies.
In particular, Doosan Enerbillity has set up a bridgehead to participate in the Ninh Thuan 2 nuclear power plant project by building local supply chains in the nuclear power equipment and construction sectors.
Doosan Enerbillity Chmn. Park said, “Both countries’ expanded cooperation to participate in Vietnam’s new nuclear power project through a public-private partnership is expected to lead to significant outcomes in the future. Doosan Enerbility will do its utmost to fulfill our roles so that the Team Korea can bear fruit as it had already proved its competitiveness in the United Arab Emirates and the Czech Republic.”
The Ninh Thuan Nuclear Power Plant is Vietnam’s first commercial nuclear power project. Russia is involved in the Ninh Thuan 1 Nuclear Power Plant Project.
Team Korea is seeking to land the Ninh Thuan 2 Nuclear Power Plant Project by making the most of the Korean nuclear power standard APR1400.
To this end, in August 2025, KEPCO struck an MOU on manpower development in the nuclear power sector with PVN. KEPCO has expanded cooperation by holding a seminar on cooperation in the nuclear power supply chains in Vietnam recently.
Doosan Enerbility Wins First Steam Turbine Order for North American Combined Cycle Power Plant
Doosan Enerbility is on a winning streak, having secured another contract to supply steam turbines this time following the recently won gas turbine order, further strengthening its position in North America’s AI data center-driven power market.
Doosan Enerbility announced on March 18 that it had recently signed a contract with a U.S. company to deliver 370MW-class steam turbines and generators (two of each) for deployment at the client’s data center.
This marks Doosan’s first supply of a steam turbine to a client in North America.
With the signing of this contract, Doosan Enerbility has proven its capabilities as an energy solution provider for combined cycle power plants, which use both gas and steam turbines.
The steam turbine is a key component of combined cycle power generation, with the exhaust gas generated from the gas turbine being used to drive the steam turbine, thereby making it possible to achieve maximum energy efficiency.
As AI data centers, which run 24/7, consume massive amounts of electricity, the securing of power equipment with high efficiency and stability is crucial.
Combined cycle power generation is a high-efficiency power generation method that involves using a combination of cycles, one of which is using natural gas to drive the gas turbine, after which the resulting exhaust gas is used to subsequently drive the steam turbine.
Doosan Enerbility plans to use this recent win as a steppingstone to expedite the exports of combined cycle power plant models to utility companies and independent power producers in North America.
By establishing a solid track record in North America as a gas and steam turbine supplier, Doosan has now secured a competitive edge in the future competition for large-scale combined cycle power plant projects.
“This recently won contract confirmed for us once again the strong faith shown by the North American market in our Doosan power technologies,” said Sohn Seung-woo, CEO of Doosan Enerbility’s Power Services Business Group.
“We plan to step up our efforts to strengthen the partnerships we have with North American clients and further solidify our position in the market as a comprehensive solutions provider whose offerings include gas and steam turbines.”
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