Unit of Vietnam’s first LNG power complex connects to national grid

The Nhon Trach 4 power plant, one of two units in Vietnam’s first liquefied natural gas (LNG)-fueled power complex, officially connected to the national grid on Friday with an initial capacity of 50 MW.

This marks the first time Nhon Trach 4, invested by PV Power, has delivered electricity to the grid, a key milestone ahead of full commercial operation.

On June 6, the plant successfully completed its first fire and no-load test at 3,000 revolutions per minute. Once all performance tests and technical assessments are completed, the Nhon Trach 4 plant is expected to begin commercial operation in November 2025.

As of late June, 99.7% of the Nhon Trach 3 and 4 complex had been completed, with all procurement and equipment installation finalized.

Nhon Trach 3, the sister plant, connected to the grid in February and is currently undergoing trial operations. In April, it produced 812 MWh during a 30-hour stable base-load operation and is expected to commence commercial operation by mid-August 2025.

Located in Dong Nai province, adjacent to Ho Chi Minh City, the Nhon Trach 3 and 4 power plants are developed by PV Power (HoSE: POW), a subsidiary of state-owned Petrovietnam.

The complex has a total investment of $1.4 billion and is designed to generate 9-12 billion kWh of electricity annually, enough to meet 60% of Dong Nai province’s power demand.

According to the adjusted PDP VIII, Vietnam is projected to have 22,524 MW in installed LNG power capacity by 2030. To support LNG power development, the country has cut import duties on LNG from 5% to 2%.

The country will guarantee an offtake of at least 65% of annual electricity output from projects using imported LNG power for up to 10 years.