A milestone in commercial operation and enhanced energy security.
On December 14th, the Vietnam National Energy and Industry Corporation ( Petrovietnam ) and the Vietnam Oil and Gas Power Corporation (PV Power) held the inauguration ceremony for the Nhon Trach 3 and Nhon Trach 4 power plants at the Ong Keo Industrial Park, Dai Phuoc commune, Dong Nai province.
The event was attended by Prime Minister Pham Minh Chinh, Minister of Industry and Trade Nguyen Hong Dien, and leaders from various ministries, departments, and localities.
Nhon Trach 3 Power Plant Complex and Nhon Trach 4 Power Plant.
The Nhon Trach 3 and 4 power plants are the first project cluster in Vietnam to use imported liquefied natural gas (LNG), marking a pioneering step in the roadmap to reduce greenhouse gas emissions and realize the goal of net zero emissions by 2050.
The Nhon Trach 3 & 4 power plants are invested in by PV Power, a subsidiary of Petrovietnam. The project is being undertaken by a consortium of Lilama and Samsung C&T as the EPC general contractor, with a total investment of approximately US$1.4 billion. This is the first project in the LNG (PV Gas) to Power (PV Power) chain within Petrovietnam's energy transition process, aiming to build a modern LNG power plant model, enhance electricity supply capacity, and contribute to national energy security amidst a strong energy transition.
With a total capacity of 1,624 MW, the Nhon Trach 3 & 4 power plant complex is expected to supply more than 9 billion kWh/year when operating stably, supplementing the system's base power supply with a large capacity, especially in the southern region. Furthermore, the complex also plays a role as a flexible power source, supporting system dispatch and balancing in the context of the increasing proportion of renewable energy.
The project is invested according to modern technological standards, using GE's 9HA.02 generation gas turbines (USA) - the turbine series with the highest technology, capacity, and efficiency in the world today. As a result, the plant achieves an efficiency of 62-64%, among the highest currently available. The 9HA.02 technology meets stringent emission standards and allows for flexible fuel switching, from LNG to the ability to burn hydrogen blends up to 50%, with the goal of using 100% hydrogen in the future.
The success of the Nhon Trach 3 and 4 power plants is not limited to their capacity or electricity output. The project has perfected its operational model from input to output, ensuring stability, flexibility, and efficiency. This also serves as a model for the LNG power plants that Petrovietnam plans to develop in the future, laying the foundation for a modern era of gas-fired power in Vietnam.
As Vietnam's first LNG project, the Nhon Trach 3 & 4 power plant faced numerous unprecedented challenges, ranging from the legal framework and policy mechanisms for LNG power development; the selection of high-tech equipment suppliers; to handling a large volume of investment and construction procedures.
Nevertheless, the project has maintained its progress and quality thanks to the decisive efforts of Petrovietnam and PV Power, along with the close support of regulatory agencies, creating a foundation for the stable operation of Vietnam's first two LNG plants in the near future.
Notably, the project's financing was secured without government guarantees, while simultaneously meeting the stringent environmental and social standards of international financial institutions. The project received support and funding from reputable international credit institutions such as SACE (Italy), SERV (Switzerland), KSURE (Korea), SMBC (Japan), ING (Netherlands), Citi (USA), and Vietcombank (Vietnam). This fundraising process demonstrated the project's management capabilities, financial management expertise, credibility, and the ability to implement large-scale energy projects within an increasingly market-oriented environment.
Alongside difficulties related to mechanisms and capital, the connection and capacity release process also presents a major challenge, requiring close coordination between the investor and relevant units. Throughout the implementation process, the project received close attention and guidance from the Government, the National Steering Committee on Power Development, the Ministry of Industry and Trade, and other relevant ministries and agencies; along with the cooperation of the People's Committee of Dong Nai province and units in the industry such as EVN, the National Power Transmission Corporation, the Electricity Trading Company, PV Gas, Tin Nghia Corporation, etc. This synchronized coordination has contributed to resolving many obstacles related to connection, capacity release, legal issues, and land acquisition, supporting the project in achieving its set goals.
A pioneering role in the formation of modern energy industrial centers.
Behind a modern LNG power plant lies a massive amount of construction work and the persistent efforts of a team of engineers and workers. Throughout the construction process, 3,257 officials, employees, and workers from the investor, general contractor, and 138 subcontractors participated; approximately 40,000 tons of steel structures and equipment and 120,000 m³ of concrete were installed; and a total of 10 million working hours were recorded. These figures reflect the sense of responsibility, discipline, and safety culture of the workforce involved in the project, creating a foundation for the plant's stable and efficient long-term operation.
The Nhon Trach 3 and Nhon Trach 4 power plants are the first cluster of projects in Vietnam to use imported liquefied natural gas (LNG).
The NT3 & NT4 project has gone through a series of important milestones: in April 2019, the Prime Minister approved the investment policy; in April 2020, the Ministry of Industry and Trade appraised the basic design; in July 2020, PV Power approved the investment project for construction; from October 2020, the contractor selection plan was implemented and the EPC tender documents were issued from April 2021. The EPC contract was signed on March 14, 2022, and the first brick was laid on May 15, 2022. By February 5, 2025, Nhon Trach 3 power plant will be connected to the national grid; and on June 27, 2025, Nhon Trach 4 will be completed and connected to the grid. Today's inauguration marks the transition to the commercial operation phase, providing stable electricity to the system.
The commissioning of the Nhon Trach 3 and 4 power plants not only adds a new, high-efficiency power source but also strengthens Petrovietnam/PV Power's role in ensuring energy security and meeting the electricity needs for socio-economic development and people's lives. PV Power affirms its commitment to safe and efficient operation, ensuring the stable operation of the two plants at high efficiency, strictly adhering to environmental protection regulations, and effectively carrying out social welfare work in the locality, accompanying Dong Nai province in its goal of sustainable development.
In the context of the global energy transition, Petrovietnam affirms its pioneering role in the formation of modern energy industrial centers, with the most important highlight being the Nhon Trach 3 & 4 Power Plant project, a vivid testament to the strategic vision and implementation capabilities of this national enterprise. According to Petrovietnam's strategic development orientation until 2030 and vision until 2050, the Group identifies the development of energy industrial centers, with LNG power generation as the cornerstone of the national energy structure.
The Nhon Trach 3 & 4 Power Plant project is a vivid manifestation of this strategy, demonstrating the ability to transform long-term visions into large-scale projects, applying advanced technology and aligning with global energy transition trends. Petrovietnam and PV Power believe that, with a spirit of innovation and a desire to master technology, the Nhon Trach 3 & 4 Power Plant project cluster will make a significant contribution to ensuring national energy security, serving the country's economic development, and accompanying Vietnam on its Net Zero journey.
The investor is Vietnam Petroleum Power Corporation - a member unit of Vietnam National Energy and Industry Group; the EPC general contractor is the joint venture of Samsung C&T and Vietnam Machinery Installation Corporation (Lilama).
Source: https://congthuong.vn/khanh-thanh-cum-nha-may-dien-khi-lng-dau-tien-tai-viet-nam-434691.html
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