Nghe An announces information on the USD 2-billion LNG Power Plant Project in Quynh Lap

The meeting was chaired by Mr. Pham Van Hoa, Director of the Department of Industry and Trade. Attendees included leaders and specialized departments from various agencies, including the Departments of Planning and Investment, Transportation, Natural Resources and Environment, the Management Board of the Southeast Economic Zone, the People's Committee of Hoang Mai Town, the Office of the Provincial People's Committee, and investors interested in the project.

The Quynh Lap LNG Gas Power Plant Project, located in Hoang Mai Town, Nghe An Province, with a capacity of 1,500MW, is one of the key priority power projects listed in the Decision No. 500/QD-TTg dated May 15, 2023, of the Prime Minister on approving the National Power Development Plan for the period 2021–2030, with a vision to 2050 (Power Plan VIII) and Decision No. 262/QD-TTg dated April 1, 2024, of the Prime Minister on approving the Implementation Plan for Power Plan VIII. The project is expected to commence commercial operations before 2030.

The project is implemented in Dong Minh and Dong Thanh villages, Quynh Lap commune, Hoang Mai town, with a total investment of approximately USD 2.15 billion. The project’s construction includes components such as the LNG gas power plant, gas storage, a receiving port, a breakwater, and auxiliary facilities.

The total area of the project is about 210-360 hectares, with an LNG fuel demand of approximately 1.15 million tons per year and a receiving port for vessels with a capacity of about 100,000 DWT.

At the meeting, representatives from the Department of Industry and Trade and the Management Board of the Southeast Economic Zone provided an overview and general information on the Quynh Lap LNG Project, including details about the project site and the Dong Hoi Port plan.

After hearing the investors’ opinions on issues such as land clearance, planning, investment procedures, and investor selection, the departments of Planning and Investment, Industry and Trade, Natural Resources and Environment, Transportation, and the Management Board of the Southeast Economic Zone, addressed the investors' concerns and discussed matters related to their areas of management.

Mr. Pham Van Hoa stated that the purpose of the meeting was to facilitate access for interested investors to information about the project as well as planning information related to the project. Additionally, it provided guidance for investors on how to follow the correct legal investment procedures. The meeting also covered details about the time and place for receiving project proposal documents from investors.

This is an important priority power project listed under the implementation of Power Plan VIII. The period for submitting project proposal documents begins on September 20, 2024. Interested investors are encouraged to coordinate with relevant departments and agencies to understand and complete the necessary procedures. Relevant departments, agencies, and localities will provide all administrative support to interested investors.