Nghi Son LNG Thermal Power Plant conducts limited bidding

The Management Board of Nghi Son Economic Zone and Industrial Zones, Thanh Hoa province has conducted an international bidding in the form of limited bidding for the Nghi Son LNG Thermal Power Plant Project.

There are 5 consortiums that have received invitations to bid from the Management Board of Nghi Son Economic Zone and industrial parks.

They are the JERA Co., Inc. consortium and Sovico Group Joint Stock Company; the consortium of South Korea Electric Power Corporation (KOSPO), Korea Gas Corporation (KOGAS), Daewoo Engineering and Construction Corporation (Daewoo E&C) and Anh Phat Investment, Construction and Trading Corporation - JSC (APT); investor Gulf Energy Development Public Company Limited.; investor SK E&S Co., Ltd; the consortium of Vietnam Oil and Gas Power Corporation - JSC (PV POWER) and T&T Group Joint Stock Company (T&T Group).

In Nghi Son Economic Zone, there is currently Nghi Son I coal-fired thermal power plant with a capacity of 600 MW (invested by EVN) and Nghi Son II BOT power plant with a capacity of 1,200 MW ( invested by Korea Electric Power Corporation (50%), Marubeni Group (40% - Japan) and Tohoku Electric Power Company, Inc (10% - Japan )

The Nghi Son LNG thermal power project will include an LNG power plant using combined cycle gas turbine technology with a capacity of 1,500 MW. The fuel supply and processing system includes the construction of an LNG import port, a 1 km long breakwater; an LNG storage facility and an onshore regasification station with a capacity of 1 tank of about 230,000 m3, a regasification station with a capacity of 1.2 million tons/year, technical infrastructure for the LNG storage facility and regasification station; a 500 kV distribution system and other infrastructure and technical works serving the project.

The total investment capital of the project is 58,026 billion VND, equivalent to 2.453 billion USD and the operating period is 50 years. The project implementation location is south of Nghi Son port, Hai Ha commune, Nghi Son town, Thanh Hoa province. The land area for the project implementation is about 68.2 hectares, of which the ship anchorage area is 4 hectares.

The minimum equity capital requirement that investors must arrange is approximately VND8,700 billion.

Bidding documents are sold at VND 30 million. To secure the bid, the participating unit must have a Letter of Guarantee from a credit institution or a foreign bank branch established under Vietnamese law with the amount of VND 580.26 billion.

Pre-bid conference will not be held.

Bidding closing time is 14:00 on September 30, 2024 and bidding opening time is 15:00 on September 30, 2024.

Source: https://baodautu.vn/nha-may-nhiet-dien-lng-nghi-son-tien-hanh-moi-thau-han-che-d221512.html