calendar Tuesday, 1 December 2020 clock
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WASHINGTON: General Electric (GE) Co. and EVNGenco3 of Vietnam signed an MoU to develop an LNG 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, US President Donald Trump’s national security adviser, who was on a three-day visit to Vietnam, said the official

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Under the MoU, GE will endeavour 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 3,600-4,500MW 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.