PV Power pulls out of Ca Na LNG power plant bid | China Breaking News | Top Stories | Political | Business | Entertainment

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10-Dec-2021 Intellasia |
VNS |
5:02 AM



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PetroVietnam Power Corporation has withdrawn from a consortium that is set to tender for the first phase of the Ca Na liquefied natural gas-fired power plant in Ninh Thuan Province.

It said cryptically it was withdrawing from the project to “create a better opportunity for the consortium to continue with the project.”

The remaining members of the consortium are Total Gaz Electricite Holding France, Novatek Gas Power Asia, Siemens Energy AG and Zarubezhneft JSC

The plant will have a total capacity of 6,000 megawatts, 1,500 MW in the first phase, and cost VND49 trillion (US$2.14 billion).

It has also attracted the interest of a Korean consortium comprising Hanwha Energy Corporation, Korea Gas Corporation, and Korea Southern Power; Gulf MP Company Limited; Jera Company Inc; and the Trung Nam Construction Investment Corporation.

It will include a 1,500MW combined cycle gas turbine LNG power plant, a port to receive the LNG with an annual capacity of 4.8 million tonnes, four LNG storage tanks with a capacity of 180,000 cubic metres each, and a regasification depot.

The first phase will see the completion of the LNG storage infrastructure.

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Category: Business, Vietnam

Article source: https://www.intellasia.net/pv-power-pulls-out-of-ca-na-lng-power-plant-bid-994604

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