Home / New & Media / Industry News / General Electric, Vietnamese firm ink power plant MOU: GE, U.S. official
24/11/2020
General Electric, Vietnamese firm ink power plant MOU: GE, U.S. official

WASHINGTON — General Electric Co. and a Vietnamese company on Saturday signed a memorandum of understanding to develop a liquified natural gas power plant, according to GE and a senior Trump administration official.

The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. Photo: Reuters

The signing took place during an event in Hanoi attended by Robert O’Brien, U.S. President Donald Trump’s national security adviser, who was on a three-day visit to Vietnam, said the official, who requested anonymity in order to discuss the issue.

Under the MOU signed with Vietnam’s EVNGenco3, the Massachusetts-based U.S. firm will endeavor to provide its “best-in-class” gas turbine technology, other equipment and services estimated at more than $1 billion over the lifetime of the project to be built near Ho Chi Minh City, GE said in a statement.

GE said the Long Son LNG facility in Ba Ria-Vung Province would provide 3,600-4,500 megawatts of power to the country.

Pacific Corp., Vietnam’s Power Engineering Consulting Joint Stock Company 2 and TTC Group, and Mitsubishi’s Corp.’s local subsidiary, also will participate in the project, GE said.

O’Brien was scheduled to meet government officials and speak to students during his visit.

Source: Tuoi Tre News

You may be interested in...

PNE presents plans for 2-GW offshore wind farm in Vietnam

21/12/2020
December 17 (Renewables Now) – German renewable energy company PNE AG (ETR:PNE3)...
Learn more

Master plan to help ensure harmonised energy development

13/11/2020
HÀ NỘI — Providing a sufficient source of energy to facilitate Việt...
Learn more

Vietnam plans two-thirds cut in thermal power

25/04/2022
Vietnam will reduce coal-fired power supply by two-thirds between 2025 and 2045...
Learn more

US launches $36-mln clean energy project in Vietnam

06/06/2022
A project funded by an U.S. aid agency has been launched in...
Learn more
×

FanPage

Electric & Power Vietnam