GE to power Vietnam LNG plant
GE Vernova has secured an order to supply two 9HA.02 gas turbines and two H78 generators for Vietnam Electricity’s (EVN) Quang Trach II LNG-fuelled power plant, a combined-cycle facility expected to generate more than 1.6 GW. The plant, located in the Hon La Economic Zone in Quang Tri Province, is scheduled to begin commercial operations by 2030.
Vietnam urged to enhance LNG-to-Power incentives
Investors are seeking better incentives for integrated LNG and power projects in Vietnam as guaranteed electricity offtake levels are still too low to make projects break even. Developers said Power Purchase Agreements (PPAs) with 25-year tenures or a higher minimum offtake level, ideally 85-90%, would help secure predictable cash flows and attract international lenders.
Vietnam awards $1bn contract for LNG-to-Power project
Electricity of Vietnam (EVN) has awarded a contract worth nearly $1 billion to a consortium led by PowerChina and Lilama for the construction of the Quang Trach II LNG-fuelled power plant. Situated in the central province of Quang Tri, the plant will have a total installed capacity of 1,612 MW.
Vietnam’s first LNG-to-power plants to grid-connect this week
Nhon Trach 3 & 4, Vietnam’s first LNG-fuelled power stations with 1.6 GW capacity, will be grid-synchronized before the end of this week. Dong Nai's Department of Industry and Trade disclosed the 500 kV Nhon Trach 4/ Phu My/ Nha Be power line – one of four lines built to accommodate electricity from the two plants – is scheduled to start operating by November 15.
PetroVietnam to supply LNG for EVN’s Quang Trach II project
PV Gas, part of PetroVietnam, has agreed with state utility Vietnam Electricity (EVN) to deliver LNG from Vung Ang regas terminal to the Quang Trach II power project. Unit II had been a 1.2 GW coal-fired power plant repurposed into an LNG-fuelled unit – in line with Vietnam’s 8th national power development plan.
