GE and EVNGenco3 sign MOU for LNG power plant near Ho Chi Minh City

General Electric and Vietnamese firm EVNGenco3 signed a memorandum of understanding to develop a liquefied natural gas power plant near Ho Chi Minh City. GE will provide gas turbine technology and services estimated at over $1 billion over the project's lifetime.

“Under the MOU signed with Vietnam's EVNGenco3, the Massachusetts-based U.S. firm will endeavor 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.”reuters.com

• 1 source
• reuters.comGeneral Electric, Vietnamese firm ink power plant MOU - GE, U.S. official | ReutersNov 21, 2020

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