A groundbreaking ceremony was held on January 15 for the construction of the first phase of Hai Lang liquefied natural gas (LNG) power plant in Hai An commune in the central province of Quang Tri's Hai Lang district.
The project, which spans 120ha, will have a capacity of 1,500 MW and is able to supply 8.25 billion kWh to the national grid each year.
With an investment of VND54 trillion (US$2.37 billion), the project is invested by a consortium of Vietnam’s conglomerate T&T Group, Korea Gas Corporation (KOGAS), Hanwha Energy Corporation, and Korea Southern Power (KOSPO). It is expected to be put into operation in 2026-2027.
It will include a port capable of handling vessels carrying up to 226,000 cu.m of gas and receiving 1.5 million tonnes of LNG per year.
Addressing the ceremony, Chairman of the provincial People’s Committee Vo Van Hung asked the investors to speed up the project’s procedures and mobilise financial resources to carry out the project, ensuring the quality, safety and meeting the schedule.
He also said that favourable conditions will be created for them during the project's implementation.