Vietnam inks deal on developing two 750MW CCGT power plants

These will use gas from the Blue Whale field.

The government of Vietnam has signed a series of agreements with GE for the development of the Vietnamese energy sector.

GE has signed a Memorandum of Understanding (MoU) with Vietnam Oil and Gas Group (Petrovietnam) on the development of two 750 MW CCGT power plants, Mien Trung I & II, that will use gas from the Blue Whale field, the biggest gas project in Vietnam up until now, with an estimated 150 bcm of reserves. The Mien Trung I Plant is expected to begin operations in 2023 and Mien Trung II in 2024, according to Enerdata.

In addition, GE has signed a Joint Development Agreement (JDA) with its development partners Mainstream Renewable Power and Phu Cuong Group on developing the 800 MW Phu Cuong wind park in Soc Trang province, as agreed in late 2016.

The deal follows a 1 GW initiative signed with the Ministry of Industry and Trade in May 2016 and is an important step in helping Vietnam to develop its significant wind power potential.

This story was originally published by Enerdata.

Also Read

What is the future of gas in Australia's energy market?

Vietnam’s weak grid a barrier to direct power purchase policy

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 dight 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!

I want to download the media kit