Central Vietnam province okays 210 hectares for $2.2-bln LNG power project

Vietnam's central province of Nghe An has approved an allocation of 210 hectares for the Quynh Lap LNG-fired power plant project with an investment of $2.15 billion.

Per a resolution approved last week by Nghe An authorities, the project will cover areas of Dong Minh and Dong Thanh villages in Quynh Lap commune, Hoang Mai township.

The 210-hectare project site features 60 hectares of land for the plant and 150 hectares of water surface.

Provincial authorities affirmed the project location complies with the master plan of Hoang Mai township until 2030 and Vietnam’s seaport master plan 2021-2030, with a vision to 2050.

Nghe An province targets issuing an investment certificate for the project in the first or second quarter of 2025.

The 1,500-MW Quynh Lap LNG-to-power plant is included in the national power development plan VIII (PDP VIII) as a prioritized project. The facility will comprise an LNG-fired power plant, a gas terminal, a dyke and a receiving terminal.

It will have an LNG input of about 1.15 million tons a year and a port to receive ships of about 100,000 DWT.

The Quynh Lap project was initially planned as a thermal power plant. In the previous PDP VII, this project had two factories, Quynh Lap I and Quynh Lap II, with a total capacity of 2,400 MW.

In the latest PDP VIII, the project has been removed along with other coal-fired power plants with a combined output of 13,220 MW.