GE and Viet firm ink power plant MoU


Under the MoU signed with Vietnam’s EVNGenco3, the Massachusetts-based US firm will endeavor to provide its “best-in-class” gas turbine technology, other equipment and services estimated at more than US$1bil over the lifetime of the project to be built near Ho Chi Minh City, GE said in a statement.

WASHINGTON: General Electric Co (GE) and a Vietnamese company have signed a memorandum of understanding (MoU) to develop a liquified natural gas power plant, according to GE and a senior Trump administration official.

The signing took place during an event in Hanoi attended by Robert O’Brien, US president Donald Trump’s national security adviser, who was on a three-day visit to Vietnam, said the official, who requested anonymity in order to discuss the issue.

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