Key energy projects announced

Deputy Prime Minister Tran Hong Ha signed Decision 270/QD-TTg, dated April 2, 2024 approving a list of national key energy programs and projects.

Among them, there are 12 power source projects: Quang Trach I Thermal Power Plant, Quang Trach II LNG Thermal Power Plant, Expanded Hoa Binh Hydropower Plant, Ialy hydroelectric power expansion, Tri An hydropower plant expansion, Bac Ai pumped storage hydropower plant, Long Phu I Thermal Power Plant, Nhon Trach III and Nhon Trach IV Thermal Power Plants, Hiep Phuoc LNG Thermal Power Plant phase 1, Long An 1 LNG Thermal Power Plant, Long An 2 LNG Thermal Power Plant, Phuoc Hoa Pumped Storage Hydropower Plant.

Illustration photo

There are some 28 power grid projects, including projects to strengthen the North-Central power grid connection, enhance transmission capacity and supply electricity to large load areas (15 projects);  synchronous power grid projects and capacity release of power source projects (6 projects); Power grid projects to relieve capacity of northern hydroelectric plants and increase electricity purchases from China (4 projects); Power grid projects serving electricity purchases from Laos (3 projects).

In addition, a gas - electricity project chains comprise block B gas - electricity project chain; Ca Voi Xanh gas - electricity project chain; LNG Son My gas-electricity project chain. LNG warehouse and power plant projects using LNG as fuel such as Quang Ninh, Thai Binh, Nghi Son, Hai Lang Phase 1, Ca Na, and Bac Lieu.

There are two petrochemical refinery projects namely a project to upgrade and expand Dung Quat Oil Refinery and the Southern Petrochemical Complex Project (Long Son).

The list also includes the National Program on Economical and Efficient Energy Use for the period 2019-2030, the power supply program for rural, mountainous and island areas from 2021 to 2025; and the pilot project to develop offshore wind power.

VGP