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EVN signs power deal for 1,200 MW LNG plant in Ho Chi Minh City
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EVN signs power deal for 1,200 MW LNG plant in Ho Chi Minh City
On March 26, Vietnam Electricity (EVN) and Hiep Phuoc Power Co., Ltd. signed the Power Purchase Agreement (PPA) and held a groundbreaking ceremony for the plant in Hiep Phuoc Commune, Ho Chi Minh City. This is the second PPA in the liquified natural gas (LNG) power sector in Vietnam, following the Nhon Trach 3 and 4 projects. It is also the first LNG PPA implemented under Decree No.56/2025/ND-CP, as amended by Decree No.100/2025/ND-CP, which est…
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