Hòa Phát’s Two Steel Complexes Generate Over 4.6 Billion kWh in First 10 Months of 2026
In the first 10 months of 2026, Hòa Phát’s Dung Quất and Hải Dương steel complexes generated over 4.6 billion kWh of electricity from waste heat and surplus gas, meeting more than 90% of their production electricity needs. At current electricity prices, the power was worth VND 8.798 trillion.
In the first 10 months of 2026, Hòa Phát Group’s Dung Quất and Hải Dương steel complexes generated over 4.6 billion kWh of electricity using waste heat from coke production and surplus gas from iron and steelmaking. The electricity met more than 90% of the two complexes’ production needs. At current electricity prices, it was worth VND 8.798 trillion.
The Dung Quất steel complex has a designed annual capacity of 12 million tonnes. Its two thermal power plants operate 10 generating units with a combined capacity of 600 MW. In the first 10 months of 2026, the complex generated 3.96 billion kWh, up 55% year on year and covering more than 90% of its production electricity needs. Cumulative generation from July 2019 to October 2026 reached nearly 17 billion kWh.
Image of Hòa Phát Group’s Dung Quất steel complex.（VietVance）
The Hải Dương steel complex has an annual capacity of 2.5 million tonnes and operates five generating units with a combined capacity of 114 MW. In the first 10 months of 2026, it generated more than 652 million kWh, up nearly 3% from the same period in 2025. Cumulative generation from 2010 to October 2026 reached nearly 7 billion kWh.
Image of Hòa Phát Group’s Hải Dương steel complex.（VietVance）
Both complexes use recycling processes that channel waste heat from coke production and surplus gas into boilers to generate electricity. The Hải Dương complex is installing equipment to remove minerals from boiler feedwater to reduce turbine scaling and pipe corrosion. It also plans to deploy an online automatic cleaning system for condenser tubes to improve power generation efficiency.
Source: VietVance
