Four-billion-USD LNG-fueled power plant to be built in Bac LieuThe Mekong Delta province of Bac Lieu signed a memorandum of understanding (MoU) on a liquefied natural gas (LNG)-fueled power project with Energy Capital Vietnam on May 4. The Mekong Delta province of Bac Lieu signed a memorandum of understanding (MoU) on a liquefied natural gas (LNG)-fueled power project with Energy Capital Vietnam on May 4The project will be carried out with an investment amount of about 91.4 trillion VND (4 billion USD) funded by Energy Capital Vietnam. Chairman of the Bac Lieu People’s Committee Duong Thanh Trung said the building of the project is in line with the National Energy Development Strategy and the province’s conditions. Earlier this year, the province rejected a project to build Cai Cung thermal power plant, saying it wants to become a national centre of renewable energy. The province, with a 56 km-long coastline, has great potential for developing wind power and solar projects.-VNA

Source: VietNamNet News May 04, 2018 15:33 UTC