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Quang Tri province approves EVN's investment plan for Quang Trach III LNG Thermal Power Plant.

On the afternoon of December 12th, the People's Committee of Quang Tri province held a ceremony to present the decision approving the investment policy for the Quang Trach III LNG Thermal Power Plant Project of the Vietnam Electricity Group (EVN).

Báo Đầu tưBáo Đầu tư29/12/2024

The Quang Trach III LNG Thermal Power Plant project is located within the Quang Trach Power Center, under the revised Power Plan VIII approved by the Prime Minister in Decision No. 768/QD-TTg dated April 15, 2025.

The project received investment approval from the Quang Tri Provincial People's Committee, which also approved EVN as the investor, in Decision No. 1678/QD-KKT dated December 1, 2025.

Leaders of the Quang Tri Provincial People's Committee presented the Decision approving the investment plan for the Quang Trach III Project to EVN.

The Quang Trach III project covers a total area of ​​approximately 74 hectares (54.77 hectares of land and 19.23 hectares of water surface), located in Phu Trach commune, Quang Tri province. The project utilizes combined-cycle gas turbine technology with a capacity of 1,500 MW ±15%; the preliminary total investment is VND 41,826 billion, comprising 20% ​​from EVN capital and 80% from domestic commercial loans financed by Vietcombank .

The application of advanced environmental treatment technologies in accordance with Vietnamese and World Bank standards demonstrates EVN's commitment to sustainable development; it also reflects the partnership and support of Quang Tri province in creating a favorable investment environment and strengthening the confidence of the business community.

Hoang Nam, Standing Vice Chairman of the Quang Tri Provincial People's Committee, affirmed that approving the investment plan for the project is an important milestone, contributing to strengthening national energy security, while opening up opportunities to promote socio-economic development of the province and the North Central region, making Quang Tri an energy center of the Central region.

The provincial leaders acknowledged and highly appreciated the close and responsible coordination of EVN, EVNPMB2, and relevant departments and agencies in ensuring the timely preparation of project procedures. Quang Tri province is committed to continuing to support and create favorable conditions for EVN to implement the project on schedule, efficiently, and sustainably.

Upon completion, the Quang Trach III LNG Thermal Power Plant will provide a crucial additional power source, especially during the 2031-2035 period when demand in the North increases significantly; while also ensuring safe and stable operation of the power system in accordance with the objectives of the revised Power Development Plan VIII.

The project is also expected to provide impetus for socio-economic development in Quang Tri province and the North Central region, with an estimated contribution of approximately 1,200 billion VND/year to the budget, creating jobs for local workers, promoting supporting industries, and attracting more investors.

Thus, the Quang Trach Power Center will have three power plants: Quang Trach 1 (coal-fired), and Quang Trach II and Quang Trach III (LNG-fired). The total capacity of these three plants is approximately 4,500 MW.

Source: https://baodautu.vn/quang-tri-chap-thuan-chu-truong-dau-tu-nhiet-dien-lng-quang-trach-iii-cua-evn-d457571.html


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