Minister Nguyen Hong Dien attends inauguration of Nhon Trach 3 and 4 Power Plants

The inauguration ceremony was organized by Vietnam National Industry and Energy Group (Petrovietnam) and PetroVietnam Power Corporation (PV Power) at the Ong Keo Industrial Park, Dai Phuoc Commune, Dong Nai Province. The event was attended by Prime Minister Pham Minh Chinh, Chairman of the Central Inspection Commission Tran Sy Thanh, Minister of Industry and Trade Nguyen Hong Dien, along with leaders of ministries, central agencies, and local authorities.

The Nhon Trach 3 and 4 Power Plants constitute the first project cluster in Vietnam to use imported liquefied natural gas (LNG) as fuel, marking a pioneering step in the country’s roadmap to reduce greenhouse gas emissions and to realize its commitment to achieving net-zero emissions by 2050.

The project is invested in by PV Power, a member unit of Petrovietnam, with the EPC contract undertaken by the Lilama – Samsung C&T consortium. With a total investment of approximately USD 1.4 billion, this is the first project in Petrovietnam’s LNG-to-Power value chain, integrating LNG supply by PV Gas with power generation by PV Power. The project represents a cornerstone in Petrovietnam’s energy transition strategy, aiming to develop a modern LNG-fired power hub, enhance electricity supply capacity, and contribute to national energy security amid an accelerating global energy transition.

With a combined capacity of 1,624 MW, the Nhon Trach 3 and 4 Power Plants are expected to deliver more than 9 billion kWh of electricity annually once operating at stable conditions, providing a large-scale baseload power source for the national grid, particularly in southern Vietnam. Beyond this, the plants are designed to function as flexible power sources, supporting system dispatch and balancing as the share of renewable energy continues to rise.

The project is built to advanced technological standards, featuring GE’s 9HA.02 gas turbines from the United States, currently among the world’s most advanced in terms of technology, capacity, and efficiency. As a result, the plants achieve an efficiency rate of 62-64 percent, placing them among the highest-performing power plants globally. The 9HA.02 technology meets stringent emissions standards and allows for flexible fuel conversion, from LNG to co-firing with up to 50 percent hydrogen, with the potential to transition to 100 percent hydrogen in the future.

The commissioning of the Nhon Trach 3 and 4 Power Plants not only adds a new, high-efficiency power source to the national system but also reinforces the role of Petrovietnam and PV Power in safeguarding energy security and meeting electricity demand for socio-economic development and people’s livelihoods. PV Power reaffirms its commitment to safe and efficient operations, ensuring stable and high-performance plant operation, strict compliance with environmental protection regulations, and the effective implementation of social welfare initiatives at the local level, in close partnership with Dong Nai Province’s sustainable development goals.

Prime Minister Pham Minh Chinh and Minister of Industry and Trade Nguyen Hong Dien perform the inauguration ceremony of the Nhon Trach 3 and Nhon Trach 4 Power Plants in Dong Nai Province.

Amid the global energy transition, Petrovietnam continues to assert its pioneering role in developing modern energy industrial centers, with the Nhon Trach 3 and 4 Power Plants standing out as a vivid testament to the group’s strategic vision and execution capacity as a national enterprise. Under its development strategy to 2030, with a vision to 2050, Petrovietnam identifies the establishment of integrated energy industrial centers as a key priority, with LNG-fired power serving as a central pillar of Vietnam’s national energy structure.

As part of the inauguration ceremony, the Organizing Committee conducted the installation of a “Flagship Project” commemorative plaque in celebration of Party Congresses at all levels for the 2025-2030 term, progressing toward the 14th National Congress of the Communist Party of Vietnam.

The plaque installation ceremony recognizes the political and socio-economic significance as well as the strategic scale of Vietnam’s first imported LNG power project cluster. It underscores the pioneering role of Petrovietnam and PV Power in developing large-scale, technologically advanced baseload power sources, contributing to national energy security while aligning with the country’s objectives of sustainable development and energy transition.