General Electric, Vietnamese firm ink power plant MOU: GE, U.S. official
Sunday, November 22, 2020, 09:01 GMT+7
WASHINGTON -- General Electric Co. and a Vietnamese company on Saturday signed a memorandum of understanding to develop a liquified natural gas power plant, according to GE and a senior Trump administration official.
The signing took place during an event in Hanoi attended by Robert O’Brien, U.S. President Donald Trump’s national security adviser, who was on a three-day visit to Vietnam, said the official, who requested anonymity in order to discuss the issue.
Under the MOU signed with Vietnam’s EVNGenco3, the Massachusetts-based U.S. firm will endeavor to provide its “best-in-class” gas turbine technology, other equipment and services estimated at more than $1 billion over the lifetime of the project to be built near Ho Chi Minh City, GE said in a statement.
GE said the Long Son LNG facility in Ba Ria-Vung Province would provide 3,600-4,500 megawatts of power to the country.
Pacific Corp., Vietnam’s Power Engineering Consulting Joint Stock Company 2 and TTC Group, and Mitsubishi’s Corp.’s local subsidiary, also will participate in the project, GE said.
O’Brien was scheduled to meet government officials and speak to students during his visit.
