GE Vernova commissions Vietnam's first LNG power plant and announces $200 million HVDC manufacturing facility at Hanoi summit
Article excerpt
On March 10, GE Vernova brought together more than 400 senior leaders from government, utilities, and industry at its inaugural Energy of Change Summit in Hanoi. Petrovietnam Chairman Lê Mạnh Hùng was in the room as the company announced a string of commitments set to reshape how the country generates and moves electricity. The highlights included the commercial launch of Nhon Trach 3&4 â Vietnam’s first LNG-to-power plant â technology agreements for three more LNG projects, and a roughly $200 million investment in a new HVDC manufacturing facility in Hai Phong. The summit’s theme â “Powering Vietnam: From Concept to Reality” â pretty much said it all. The agenda was packed, covering everything from PDP8R execution priorities to local manufacturing capability, grid flexibility, and what a more diversified energy mix actually requires on the ground. Global best practices and the latest generation and transmission technologies all got airtime. CEO Scott Strazik hosted. Petrovietnam Chairman Lê Mạnh Hùng delivered a keynote focused on accelerating Vietnam’s energy transition without sacrificing economic growth. A Supplier Summit ran alongside the main event, drawing more than 100 organizations and zeroing in on how to build a more resilient regional supply chain. The day’s biggest milestone was the formal commissioning of Nhon Trach 3&4. Developed by PetroVietnam Power...
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Alongside the LNG news, GE Vernova announced plans for a new large power transformer manufacturing plant in Hai Phong â an investment of approximately $200 million.
