PetroVietnam Power says second LNG power plant connected to grid

PV Power said in a statement that the plant generated 50 MW of electricity as part of its testing phase.

The LNG power plant is expected to start commercial operation in November this year, after meeting technical requirements.

Prior to this, the first ignition milestone at the power plant took place on June 6.

In February this year, PV Power’s Nhon Trach 3 LNG power plant was connected to the national grid.

By the end of June, Nhon Trach 3 and 4 power plants had were 99.7 percent completed, according to PV Power.

Also, the Nhon Trach 3 power is expected to be put into commercial operation in mid-August.

In November 2021, PV Power broke ground on the Nhon Trach 3 and 4 plants in the southern province of Dong Nai, which are worth about $1.4 billion.

Vietnam’s first LNG power plants have a total capacity of 1.5 GW.

South Korea’s Samsung C&T secured a contract from PV Power to build the plants in a consortium with Vietnamese contractor Lilama.

PV Power previously said the launch of these LNG plants had been delayed due to several issues, including those related to the project’s land lease and the power purchase agreement with Vietnam’s power utility EVN, which was signed in October last year.

In March, PetroVietnam Gas signed a long-term contract with PV Power to supply the latter’s Nhon Trach 3 and Nhon Trach 4 power plants with LNG.

Moreover, the two units of PetroVietnam signed the LNG supply contract for Vietnam’s first two LNG power plants for 25 years.

This move followed a contract signed by PV Gas and PV Power for LNG supply for the commissioning of the two power plants in November last year.