T&T Group's Savan 1 phase 1 wind project in Laos recorded revenue of over VND 1,200 billion and gross profit of nearly VND 1,100 billion after nine months, with a gross margin of about 89%, according to its Q3/2026 report. The company says the project met its full-year revenue and profit plan after roughly 16 months of work, including 48 turbines and a nearly 70 km 220 kV line connecting to Vietnam's grid. Phase 2, at 195 MW, is expected to start construction late this year. T&T and Vinacom have also signed an MoU to develop the 495 MW Savan 2 project, with an estimated investment of about USD 768 million and commercial operation by 31/12/2028. Once completed, T&T's wind capacity in Laos is expected to reach 990 MW.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Dự án điện gió tại Lào của bầu Hiển báo lãi gần 1.100 tỷ đồng
Read the original on VnExpress ↗
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