Quang Trach II LNG Power Plant, Quang Tri Province, Vietnam

Vietnam’s state utility changed fuels on this one before it was ever built. Quang Trach II started life as a 1,200 MW coal plant approved in 2021, then got redesigned for liquefied natural gas after the country’s Power Development Plan VIII. Vietnam Electricity (EVN) and its Power Project Management Board No. 2 broke ground on the LNG version on Oct. 20, 2026, in the Hon La Economic Zone, now part of Quang Tri province. The same ceremony marked first power to the national grid from the coal-fired Quang Trach I next door.

It’s a two-unit combined-cycle station of about 1,613 MW, built as two 806.4 MW units. EVN wants the first unit in commercial operation in February 2030 and the second two months later, sending roughly 9.5 billion kWh a year to the grid.

Project Scope

GE Vernova is supplying the core equipment: two 9HA.02 gas turbines and two H78 generators, ordered in June 2026. A PowerChina and Lilama consortium holds the EPC contract, which EVN awarded in February at about $974 million, per Enerdata. At the groundbreaking, EVN put total investment at more than VND 40.1 trillion, about $1.55 billion, financed 20% from equity and 80% from commercial loans. That’s below the VND 52.49 trillion figure Vietnamese outlets reported in 2025.

The scope reaches past the powerhouse. Plans include a dedicated port able to take 100,000 DWT LNG carriers and an LNG storage tank farm, though EVN and PV Gas have also agreed on supply arrangements tied to the nearby Vung Ang LNG terminal. A PECC1 and PECC3 joint venture handled the feasibility study and is supporting EVN on EPC contract management and site supervision under an 85-month consulting package.

The Quang Trach Power Center is planned at about 4,500 MW across Quang Trach I, Quang Trach II and a future Quang Trach III LNG plant. EVN’s two plants there total about 3,015.8 MW, so this job isn’t starting from scratch on grid and marine access.

Why It Matters

Vietnam’s power demand is growing fast and its grid still leans heavily on coal and hydro. Gas made up only about 10% of the roughly 90 GW installed at the end of 2024, per Enerdata. PDP VIII calls for about 22,524 MW of LNG-fired capacity by 2030, and few of those projects have both turbines ordered and an EPC contract signed.

The catch is fuel cost. Imported LNG prices swing hard, and Vietnam’s LNG projects have stalled for years over power purchase terms. EVN owning and building Quang Trach II itself sidesteps the offtake fight that’s slowed private developers. Whether it hits 2030 depends on a Chinese-Vietnamese EPC team keeping a big combined-cycle job on schedule, and on LNG supply contracts that hold up once the turbines are ready to run.

Project Team & Details