The Nhon Trach 3 and Nhon Trach 4 (NT3&4) power plant projects are pivotal components of the Thi Vai – Nhon Trach linkage chain, showcasing PV Power’s capabilities and Petrovietnam’s long-term vision in developing LNG-based power. These projects not only address energy security challenges but also lay the groundwork for Vietnam’s transition to a modern, clean, and sustainable gas-fired power era.
Vietnam’s First Integrated LNG-to-Power Model
The Thi Vai – Nhon Trach chain represents Vietnam’s first fully integrated LNG-to-power model, seamlessly connecting the Thi Vai LNG terminal’s gas reception, storage, and regasification facilities to the Nhon Trach power hub. Within this structure, NT3&4, led by Petrovietnam Power Corporation (PV Power), plays a critical role by converting LNG into high-efficiency electricity, directly contributing to the national grid.
With a combined capacity of 1,624 MW and an expected annual output of over 9 billion kWh, NT3&4 is the linchpin of the entire chain. Its advanced operational technology, power generation efficiency, and reliability reflect the system’s ability to optimize LNG utilization.
This end-to-end integration ensures operational stability and flexibility, setting a benchmark for future LNG-to-power centers envisioned by Petrovietnam. Thus, NT3&4 is more than a connection point—it’s a cornerstone of Vietnam’s energy evolution.
NT3&4 Power Plant Project
PV Power’s Leadership: A Solid Foundation for Future Growth
PV Power’s role in Vietnam’s first LNG project marks its evolution from operating traditional power plants to mastering advanced gas turbine technology, combined cycle systems, and international environmental, safety, and social standards. The company also secured nearly $1 billion in foreign loans without government guarantees, demonstrating its financial acumen.
The success of NT3&4 extends beyond completing a large-scale project—it establishes PV Power as a leader in developing major LNG-to-power initiatives. The project enhances grid stability by adding over 9 billion kWh annually, reduces Southern Vietnam’s load pressure, and cuts CO₂ emissions through high efficiency and clean fuel use.
The launch of these plants also opens Vietnam’s LNG market, attracting investment and enabling Petrovietnam to develop modern LNG-to-power hubs in subsequent phases.
Unveiling Vietnam’s Only $1 Trillion Enterprise: A Showcase of Vietnamese Ingenuity Through Mega Projects
A series of large-scale projects have been successfully executed through the ingenuity and craftsmanship of our dedicated workforce.
Prime Minister Compares Nhon Trach Thermal Power Project to the Legend of Saint Giong
This morning (December 14th), Prime Minister Pham Minh Chinh attended the inauguration ceremony of the Nhon Trach 3 and 4 Thermal Power Plants in Dong Nai province. With a total investment of approximately $1.4 billion, the project stands as a testament to Vietnam’s energy sector ambitions. Drawing a parallel to the legendary tale of Saint Giong, the Prime Minister hailed the project’s team as fearless warriors, determined to overcome any challenge to propel Vietnam’s oil and gas industry towards a future where it stands shoulder to shoulder with global leaders.
Prime Minister Pham Minh Chinh Attends $1.4 Billion LNG Power Plant Inauguration
The newly inaugurated Nhon Trach 3 and 4 LNG Power Plants set new benchmarks in technology, scale, and implementation speed, marking a significant milestone in energy infrastructure.
Unveiling Vietnam’s First-Ever Billion-Dollar “10-in-1” Factory: Prime Minister Lauds It as a “Model Project”
This state-of-the-art manufacturing facility represents a monumental investment of $1.4 billion, poised to redefine industry standards and drive unprecedented growth.
Six Individual Investors Spend Over VND 900 Billion to Acquire Petrosetco Shares from PVN
Six domestic individual investors have acquired the entire 24.9 million shares of PET from PVN, securing a 23.21% stake in Petrosetco’s chartered capital.
