$1.9 bln LNG power project in northern Vietnam calls for mine clearance bids
The $1.9 billion Quang Ninh LNG power plant, the first such facility in northern Vietnam, is inviting bids for the mines and explosives clearance package.
In a Tuesday announcement, the project investor, Quang Ninh LNG Power JSC, said the bid must be submitted by noon March 18, towards contract signing later this quarter. The contract implementation is slated for Q2.
Illustration of the Quang Ninh LNG-to-power plant in Quang Ninh province, northern Vietnam. Photo courtesy of Petrovietnam.
The move marks a key step of the project, following its initiation in October 2021 and Prime Minister Pham Minh Chinh’s request of kicking off construction in Q2/2025.
Quang Ninh LNG Power JSC is a joint venture amongVietnam’s state-owned Petrovietnam's subsidiary PV Power, Quang Ninh-based Vietnam Mechanical Assembly JSC (Colavi), and two Japanese firms – Tokyo Gas and Marubeni.
The 60 hectare plant in Cam Pha town, Quang Ninh province is set to have a capacity of 1,500 MW per the independent power producer (IPP) scheme. The LNG sources are set for procurement by Quang Ninh LNG Power JSC.
The plant, included in the power development plan VIII (PDP VIII) as a priority project, will use 1.1 million tons of imported LNG yearly. It will have two turbines of 750 MW each.
The investors plan to complete the installation of the first turbine in April 2027 and the second turbine in June 2027.
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