PV Power pulls out of Ca Na LNG power plant bid

Wednesday, Dec 08, 2021 15:27

The location of the proposed Ca Na LNG-fired power plant in Ninh Thuan Province. PV Power plans to withdraw from a consortium bidding for the first phase of the project. — Photo courtesy of PV Power

PetroVietnam Power Corporation has withdrawn from a consortium that is set to tender for the first phase of the Ca Na liquefied natural gas-fired power plant in Ninh Thuan Province.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

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