Central Vietnam province to receive bids for $2.2 bln LNG-fired power plant

Vietnam's central province of Nghe An will receive bids for the 1,500-MW Quynh Lap LNG-fired power plant from September 20 to October 5.

The provincial Department of Industry and Trade announced the timeline at a meeting with potential investors on Friday. Interested parties shall send their documents to the provincial center for administrative services in Vinh town of the province.

At the event, provincial authorities clarified details related to site clearance, planning, investment procedures, and selection of investors. According to the department, the project has an investment of $2.15 billion.

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.

Covering 210-360 hectares in Quynh Lap commune, Hoang Mai township, 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 department also announced the location and planning of Dong Hoi port next to the power plant.

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.

Vietnam is yet to have a power plant that exclusively uses LNG as fuel. Some gas-fired power plants like Phu My 3, Phu My 2.1, and Phu My 4 switched to using LNG as fuel from April onwards.