Consortium of Vietnamese, Thai firms to build $1.95 bln LNG power plant in Vietnam

About this update from Petrovietnam Power Corporation

Vietnamese state energy firm Petrovietnam said a consortium of its Petrovietnam Power HOSE:POW unit, local company Lilama and Thailand's B.Grimm Power will develop a $1.95 billion LNG power plant in central Vietnam.The 1.5-gigawatt Vung Ang III plant in Ha Tinh province is scheduled to start commercial power generation from the first quarter of 2031, Petrovietnam said in a statement on Wednesday.

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