The Government of Laos authorized Savan 1 Wind Power Co., Ltd. (a subsidiary of Vietnam’s TT Group) to design, build, own, and operate the project for a 25-year term to export and sell electricity to Vietnam.

Forty-eight wind turbines belonging to the Savan 1 Wind Power Plant, a renewable energy project in Laos, invested in and developed by Vietnam’s TT Group, officially entered commercial operation on December 26, delivering clean energy to Vietnam with a total capacity of 300 MW, according to a report by the Government News.

Located in Savannakhet Province, Laos, Savan 1 is the largest onshore wind project invested in by TT Group to date, marking the conglomerate’s inaugural step in its cross-border energy strategy.

With a total planned capacity of 495 MW and a total investment of approximately $768 million, the project is expected to become a flagship renewable energy venture symbolizing the energy cooperation between Vietnam and Laos.

The Lao Ministry of Planning and Investment awarded the concession contract for the project to TT Group in January 2025. Under this agreement, the Government of Laos authorized Savan 1 Wind Power Co., Ltd. (a subsidiary of TT Group) to design, build, own, and operate the project for a 25-year term to export and sell electricity to Vietnam.

Phase 1 of the project, which has now reached commercial operation, features an installed capacity of 300 MW with a total investment exceeding $490 million.

Previously, in August 2024, the Prime Minister of Vietnam approved the policy to import electricity from the Savan 1 project. The Power Purchase Agreement (PPA) between Savan 1 Wind Power Co., Ltd. and Vietnam Electricity (EVN) was also officially signed, providing the legal framework to integrate the project’s output into Vietnam’s national power grid.

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