AlwaysFree: General Electric Signs MoU With Vietnamese Firm On Gas Power Plant Project

General Electric Co. and Vietnam’s EVNGenco3 Last week signed an MoU to develop an LNG power plant near Ho Chi Minh City in Ba Ria-Vung Province. According to the MoU, GE will supply its gas turbine technology as well as other equipment and services worth more than $1 billion over the lifetime of the project. The Long Son LNG facility will be able to generate 3,600-4,500 of power, GE said. Other companies which will be involved in the project include Vietnam’s Power Engineering Consulting Joint Stock Company 2 and TTC Group, and a local subsidiary of Mitsubishi’s Corp.