, Vietnam

PetroVietnam gets approval for two gas-fired power plants

The project will cost around $1.46b.

The state-run energy company PetroVietnam Power Corporation (PV Power) has received governmental approval for the construction of two gas-fired power plants - in which it holds a 51% stake - in the Ong Keo Industrial Zone (Dong Nai province of Vietnam) at a total cost of US$1.46bn. The two power plants, namely Nhon Trach-3 and Nhon Trach-4, will have a total combined capacity of 1,500 MW. They will come onstream respectively in 2020 and 2021, as highlighted in the National Power Development Master Plan VII.

This article was originally published by Enerdata.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

India issues 1,870 MW renewable energy tenders in November
Major investments fuel hybrid projects and battery storage, stabilising India's grid.
Sri Lanka secures $100m loan for power sector reform
Unbundling the CEB boosts financial sustainability and opens the door for renewables.
Solar profitability rises 9% in Southeast Asia with battery integration
Stable policies and foreign investment are vital to unlock the region's solar potential.
ADB approves $650m loan to accelerate India's solar deployment
Policy reforms and loans will remove financial barriers to solar installation.