Petrovietnam Power, SK Innovation start building $2.2-B Vietnamese LNG power plant
5/18/2026
Petrovietnam Power and South Korea's SK Innovation on Monday started construction of an LNG-fired power plant with a price tag of $2.2 B, the Vietnam government said.
The 1,500-megawatt Quynh Lap plant in Nghe An province is scheduled to start commercial power generation by 2030, the government said in a statement.
Vietnam is seeking to develop a fleet of LNG power plants with combined capacity of 22.5 gigawatts by the end of this decade.
The country currently has two operational LNG power plants, Nhon Trach 3 and Nhon Trach 4 in the southern province of Dong Nai.
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