First sod turned at $718mn LNG power plant in Ho Chi Minh City

2026-03-27 - 04:51

State utility Vietnam Electricity and Hiep Phuoc Power Co., Ltd. on Thursday signed a power purchase agreement and broke ground on the Hiep Phuoc liquefied natural gas (LNG) power plant - Phase 1 in Ho Chi Minh City, with a price tag of about VND18.911 trillion (US$718 million).