# 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.

- Type: Contract
- Announced: 2020-11-21
- Where: near Ho Chi Minh City, Vietnam
- Value: $1.00B
- Status: announced
- Products: gas turbine technology, LNG power plant equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (supplier)
- [EVNGenco3](https://endata.com/companies/51370.md) (customer)

## Sources

- [reuters.com](https://www.reuters.com/article/business/energy/general-electric-vietnamese-firm-ink-power-plant-mou-ge-us-official-idUSL1N2I70II/), 2020-11-21: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.