According to the latest information from T&T Group, on December 26th, 48 wind turbines of the Savan 1 Wind Power Plant – a renewable energy project invested and developed by T&T Group in Laos – officially commenced commercial operation, bringing clean electricity to Vietnam. The total capacity reached 300 MW.

Located in Savannakhet province, Lao People's Democratic Republic, the Savan 1 wind power plant is the largest onshore wind power project that T&T Group has ever invested in; marking the Group's first step in its cross-border energy strategy. With a total installed capacity of up to 495 MW and a total investment of approximately 768 million USD, the Savan 1 wind power plant is expected to become one of the exemplary renewable energy projects in the energy cooperation between Vietnam and Laos.

The project was granted a concession contract to T&T Group by the Lao Ministry of Planning and Investment starting in January 2025. Under this contract, the Government of the Lao People's Democratic Republic agreed to allow Savan 1 Wind Power Company Limited (a member of T&T Group) to design, build, own, and operate the project for a period of 25 years to export and sell electricity to Vietnam.

According to the plan, phase 1 of the project has an installed capacity of 300 MW, with a total investment of over 490 million USD. Previously, in August 2024, the Prime Minister approved the policy of importing electricity from the Savan 1 wind power plant project to Vietnam. The power purchase agreement for the Savan 1 wind power project between Savan 1 Wind Power Company Limited and Vietnam Electricity Group (EVN) has also been officially signed, creating a legal basis for electricity from the project to be integrated into the Vietnamese power system.

Savan 1 Wind Power Company Limited has also signed a financing arrangement agreement for the project with MB Bank. According to this agreement, MB Bank is the lead bank committed to successfully arranging and allocating the entire financing package for the investor to implement phase 1. In addition, the general contractor for the project is the IPC E&C-GEDI consortium.

Immediately after receiving the concession contract, T&T Group promptly constructed a 220 kV transmission line over 50 km long from the power plant to the waiting pylons on the Vietnamese side. The transmission line was completed by the end of August 2025, creating a "lifeline" to bring clean electricity to the country.

Simultaneously, T&T Group is also accelerating the construction and completion of the Savan 1 plant with the strong determination to achieve commercial operation by the end of 2025.

According to representatives of T&T Group, the official commercial operation of the Savan 1 Wind Power Plant on December 26th was a significant milestone, marking a solid step for T&T Group in the field of cross-border clean energy investment. At the same time, it also demonstrates T&T Group's capabilities and commitment to strengthening national energy security, gradually expanding economic development opportunities, and elevating the strong bilateral cooperation between Vietnam and Laos.

"The official commercial operation of the Savan 1 Wind Power Plant is a significant milestone, creating a foundation for T&T Group to continue researching and implementing sustainable and efficient cross-border clean energy projects in the next phase; gradually realizing the goal of making T&T Group a leading energy developer in Vietnam," emphasized a representative of T&T Group.

Over the years, cooperation in the energy sector, especially electricity, between Vietnam and Laos has been strengthened. The two countries have intensified cooperation by signing numerous investment projects and energy cooperation activities, with a focus on the Electricity-Coal Purchase Agreement between the two governments to promote infrastructure connectivity, develop energy projects, and enhance electricity exchange. Against this backdrop, the implementation and commercial operation of the Savan 1 Wind Power Plant demonstrates that bilateral cooperation agreements are gradually being concretized through effective and sustainable projects.

From a broader perspective, the project also reflects the increasingly prominent role of the private sector in participating in the implementation of cross-border energy projects, contributing to supplementing electricity supply, strengthening infrastructure connectivity, and promoting economic cooperation between Vietnam and Laos in the context of energy transition and sustainable development becoming a common trend in the region.