Vietnam’s First Power Plant Fueled by Imported LNG
NT3&4 marks Vietnam’s pioneering LNG-powered electricity generation project, fully compliant with international standards. This milestone underscores Vietnam’s capability to execute advanced, sustainable energy initiatives.
Largest Gas-Fired Power Project and Turbine in Vietnam
With a combined capacity of 1,624 MW, NT3&4 stands as Vietnam’s most powerful gas-fired power complex. Each plant houses an 812 MW turbine—the nation’s largest—showcasing expertise in deploying and managing large-scale, cutting-edge power technologies.
World’s Most Advanced Turbine Technology with Peak Efficiency
Powered by GE’s 9HA.02 gas turbines, the project sets new benchmarks in efficiency, heat tolerance, and operational excellence. This technology enables both plants to achieve over 62% efficiency, reducing fuel consumption and CO₂ emissions, positioning NT3&4 as a global leader in gas-fired power innovation.
Fastest EPC Contractor Selection in History
The EPC contractor was secured in a record-breaking 11 months—the shortest timeline for a large-scale project—despite challenges posed by the Covid-19 pandemic and supply chain disruptions.
Highest Domestic Contractor Participation in High-Tech Gas Projects
LILAMA executed nearly 40% of the EPC scope, highlighting Vietnamese enterprises’ growing expertise in complex energy projects.
First LNG Project to Secure $1B in International Financing Without Government Guarantees
NT3&4 achieved a landmark by raising substantial international financing without government backing, reflecting global confidence in PV Power’s financial strength, governance, and legal framework.
Optimal Investment Efficiency Among Current LNG Power Projects
Through advanced technology, rigorous cost management, and strategic negotiations, NT3&4 achieved unparalleled investment efficiency, setting a new standard for LNG power projects.
With these ten groundbreaking achievements, NT3&4 transcends its role as Vietnam’s first LNG power plants to become a blueprint for future energy projects, reinforcing PV Power’s commitment to national energy security.
