link sbobet Nhon Trach combined-cycle power plant (CCPP) in Vietnam is proposed to be expanded with link sbobet addition of two more units, namely Nhon Trach 3 and Nhon Trach 4.
link sbobet CCPP is owned by PetroVietnam Power (PV Power), a leading power producer in Vietnam.
link sbobet two new units will have a combined capacity of 1.5GW and make Nhon Trach link sbobet first in link sbobet country to be fuelled by liquefied natural gas (LNG).
link sbobet total estimated investment in link sbobet project is $1.4bn. link sbobet two new units are expected to be operational by 2025.
Vietnam is dependent on coal-based power, which accounts for about a third of link sbobet country’s total electricity production. link sbobet project will contribute to Vietnam’s commitment to achieving net-zero carbon emissions by 2050.
Location.
link sbobet Nhon Trach units 3 and 4 will be developed in Ong Keo Industrial Park, Nhon Trach District, in Dong Nai province, Vietnam. link sbobet site is located approximately 70km south-east of Ho Chi Minh City.
link sbobet two new units will be located on a total area of 34.5ha, with Nhon Trach 3 and Nhon Trach 4 occupying 16.6ha and 17.4ha, respectively.
Nhon Trach 3 and 4 power plants make-up
link sbobet Nhon Trach 3 and Nhon Trach 4 power plants will be equipped with GE’s 50Hz, 9HA.02 gas turbines fuelled by LNG.
Each power block will also include an STF-D650 steam turbine, W88 generator and Once Through Heat Recovery Steam Generator (OT HRSG) in a 1-1-1 configuration, as well as being equipped with GE’s integrated Mark VIe Distributed Control System (DCS).
link sbobet OT HRSG technology will enable advanced water-steam cycles for higher combined-cycle efficiency. link sbobet Mark VIe control systems are expected to enhance asset visibility, reliability and availability, as well as cut link sbobet costs associated with plant operation and maintenance.
LNG supply for Nhon Trach 3 and 4.
link sbobet LNG required for link sbobet project is proposed to be sourced from link sbobet Thi Vai LNG terminal, which is currently under construction by PetroVietnam Gas (PV Gas) as part of link sbobet Nhon Trach Power Gas Project chain.
link sbobet Thi Vai LNG Terminal will have a capacity of one million tonnes per annum (Mtpa) of LNG in phase one, which is expected to be completed by 2022. link sbobet terminal will reach a capacity of three Mtpa of LNG under link sbobet phase two expansion, which is expected to be completed in 2023.
During link sbobet first phase of operation, link sbobet terminal will be capable of receiving LNG vessels up to 85,000 deadweight tonnage (DWT). It will be equipped with a 180,000m³ LNG storage tank. link sbobet first phase is expected to involve a total investment of $286m.
link sbobet terminal is expected to supply up to 1.4 billion m³ of gas to consumers, including Nhon Trach 3 and Nhon Trach 4 power plants, upon completion.
Project financing.
link sbobet required for link sbobet development of link sbobet two power plants will be sourced through 25% equity and 75% debt.
link sbobet loan component of link sbobet project financing includes an export credit of $600m, $300m in foreign commercial loans and approximately $174.7m in domestic loans.
A banking consortium comprising Citi (US) and ING (Netherlands) is arranging export credit capital for link sbobet development of link sbobet two new units.
PV Power signed an extension of link sbobet Letter of Authorisation (LOA) with link sbobet consortium in February 2020.
Contractors involved.
A consortium of South Korean engineering and construction company Samsung C&T and Vietnamese engineering and construction company Lilama received a contract to provide engineering, procurement and construction (EPC) services for Nhon Trach 3 and Nhon Trach 4 in March 2022.
General Electric (GE) was awarded link sbobet contract to supply link sbobet and associated equipment for link sbobet project in May 2022.
PV Gas received a contract to supply LNG for link sbobet project in 2019.
PowerTechnology.