LNG Cà Ná Power Plant Project Set to Commence, 57.384 Billion VND Project to Shape New Energy Hub in Central Vietnam
A power plant project valued at over 57.384 billion VND, utilizing 180 hectares of land and sea area, mobilizing 2,000 workers simultaneously – is this set to become the driving force transforming Ninh Thuận's economic and energy landscape in the coming decade?
On June 12, 2026, information regarding the progress of the Cà Ná LNG Power Plant continues to attract attention from investors, energy enterprises, and local residents as the project is confirmed to commence major construction in Q4/2026, targeting commercial operation by Q1/2030.
This stands as one of the largest LNG power plant projects in the Central South region today, expected to become a crucial link in Vietnam's national energy security strategy for the 2030-2050 period.
Project Overview
| Item | Details |
|---|---|
| Project Name | Cà Ná LNG Power Plant |
| Location | Cà Ná, Ninh Thuận Province |
| Capacity | 1,500 MW |
| Number of Units | 2 turbine units |
| Total Investment | 57.384 billion VND |
| Land Use Area | 180 ha |
| Land Area | 31.16 ha |
| Sea Area | 113.8 ha |
| Temporary Construction Area | 35.05 ha |
| LNG Storage | 200,000 m³ |
| Eastern Breakwater | Approximately 2.4 km |
| Peak Workforce | Approximately 2,000 people |
| Main Construction Start | Q4/2026 |
| Commercial Operation | Q1/2030 |
Assessed as a Key LNG Project
According to planning documents and investment policies, the Cà Ná LNG Power Plant is designed with modern combined cycle gas turbine technology.
The system includes:
- High-capacity gas turbines
- Heat recovery steam generators
- Steam turbines
- Generators
- Main transformers
- Synchronized auxiliary systems
In addition to the power generation area, the project invests in the complete LNG infrastructure from the import port to regasification.
Notable components include:
- LNG reception terminal
- 200,000 m³ LNG storage tank
- LNG regasification system
- LNG pipeline to the power plant
- Approximately 2.4 km long breakwater
- Cooling water system and technical auxiliary infrastructure
Anticipated Progress Through 2030
| Phase | Timeline |
|---|---|
| Investment Preparation | Q1/2025 to Q4/2026 |
| Main Construction Commencement | Q4/2026 |
| Construction Period | Q4/2026 to Q1/2030 |
| Testing Phase | End of 2029 |
| Commercial Operation | Q1/2030 |
Thus, the entire project implementation is expected to take over 3 years from the official main construction commencement.
Impact on National Power System
With a design capacity of 1,500 MW, the Cà Ná LNG plant can supply electricity equivalent to the consumption needs of millions of households and businesses.
| Project | Capacity |
|---|---|
| Cà Ná LNG | 1,500 MW |
| Vũng Áng Thermal Power Plant 1 | 1,200 MW |
| Duyên Hải Thermal Power Plant 1 | 1,245 MW |
| Hải Dương BOT Thermal Power Plant | 1,200 MW |
This demonstrates that Cà Ná LNG ranks among the largest-scale power plants in Vietnam.
Allocation of 57.384 Billion VND Investment
The expected investment capital is allocated to various components:
| Component | Scale |
|---|---|
| Power Plant | 2 turbine units |
| LNG Storage | 200,000 m³ |
| Regasification System | Integrated |
| LNG Import Port | Dedicated facility |
| Breakwater | 2.4 km |
| Technical Infrastructure | Entire project area |
The massive construction volume makes this project one of the key energy construction sites in the Central region during the 2026-2030 period.
Construction Peak to Mobilize 2,000 Personnel
During the construction period, the project is expected to mobilize a maximum of approximately 2,000 workers.
This includes:
- Energy engineers
- International LNG specialists
- Mechanical experts
- Electrical engineers
- Equipment installation teams
- Consulting and supervision units
- Construction contractors
- Subcontractors
This will represent a significant source of employment for the Ninh Thuận region and neighboring localities for many years.
Cà Ná Becoming a New Energy Center
For many years, Cà Ná has been continuously mentioned in major energy planning due to its favorable coastal location, deep-water port infrastructure, and ability to accommodate large LNG vessels.
The emergence of the Cà Ná LNG Power Plant not only helps supplement stable base-load power for the national power system but also creates a foundation for developing the port services, logistics, supporting industries, and technical human resources training chain.
If the project is completed on schedule by Q1/2030, Cà Ná could become one of Vietnam's most important LNG power centers, contributing to ensuring energy security in the context of increasing national electricity demand alongside the transition to cleaner energy sources compared to traditional coal-fired power plants.