Authorities in the central province of Ha Tinh are stepping up efforts to remove administrative bottlenecks and expedite the implementation of the Vung Ang III LNG-fired power plant, a major energy project with a planned capacity of 1,500 MW and an estimated investment of VND51.43 trillion (about $2 billion).
At a working session on June 25, Vice Chairman of the Ha Tinh People's Committee Tran Bau Ha met with the project's investor consortium, comprising PetroVietnam Power Corporation (PV Power), Lilama Corporation and Thailand's B.Grimm Power Public Company Limited, to discuss measures to accelerate the project's progress.
The project was officially approved by the provincial government on June 9. It will occupy approximately 51.7 hectares of land and 16 hectares of adjacent sea area in the Vung Ang Economic Zone.
According to the implementation schedule, the first generating unit is scheduled for completion in June 2030 and commercial operation in the first quarter of 2031, while the second is expected to be completed in December 2030 and enter commercial operation in the second quarter of 2032.
The investor consortium proposed the provincial government to facilitate land and sea allocation procedures, support the construction of a 500kV transmission line connecting the plant to the national grid, accelerate development of the LNG import terminal, and ensure an adequate supply of fill materials for construction.
Provincial leaders urged the consortium to complete all remaining procedures promptly while directing local agencies to provide maximum support to keep the project on schedule.
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