Under a recent decision of the People’s Committee of Khanh Hoa Province in South central Vietnam, an investor has been selected for the Ca Na LNG Power Plant project.
Accordingly, the Trung Nam - Sideros Rive Joint Venture has been awarded the investment and construction contract with a total capital of over VND57.384 trillion (over $2.2 billion), funded directly by the investor.
The Ca Na LNG Power Plant will be constructed in Ca Na Commune, spanning an area of approximately 265 ha.
The project’s primary objective is the commercial generation of electricity. Specifically, it will include a 1,500 MW gas-fired power plant and an LNG terminal with a capacity of 1 to 1.2 million tons per year, alongside other auxiliary facilities to ensure national energy security.
In addition, the project involves the construction of an LNG import port, a 2,400-meter-long eastern breakwater, and various supporting infrastructure works for the import terminal.
The project is scheduled to be completed and operational by December 31, 2030. The operational lifespan of the project is 50 years, starting from the date the investor is granted land allocation, land lease, or permission for land-use conversion by the competent authorities.
The plant is situated adjacent to Phase 1 of the Ca Na Industrial Zone (a 378-hectare site developed by the Trung Nam Ca Na Industrial Zone Infrastructure Investment Joint Stock Company) and the Ca Na General Seaport. This project cluster is expected to attract investment toward green energy usage and selective manufacturing activities that meet green and sustainable criteria.
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