Vietnam’s Long Phú 1 Power Plant Signs Contract With Chinese Contractor, Targets Generation in 2027
A Petrovietnam project management unit signed a contract with Harbin Electric International Co., Ltd. on November 11, 2026, to advance the manufacture, supply and repair of key equipment for the 1,200 MW Long Phú 1 coal-fired power plant. The project aims to be ready to generate electricity in 2027.
The Long Phú 1 Power Project Management Board, a unit of Petrovietnam, signed a contract for package T7.4 with Harbin Electric International Co., Ltd. (HEI) on November 11, 2026. The contract covers the manufacture and supply of the low-pressure turbine rotor and generator stator for Unit 2, as well as inspection and repair of some turbine-generator equipment. The project aims to enter operation and be ready to generate electricity in 2027.

Representatives of the Long Phú 1 Power Project Management Board and Harbin Electric International Co., Ltd. sign the contract for package T7.4.(VietVance)
Package T7.4 covers key equipment in the turbine-generator system, paving the way for installation, testing and commissioning of the unit. The Long Phú 1 coal-fired power plant has a planned capacity of 1,200 MW and total investment of approximately VND 30 trillion. The source also lists a contract value of approximately VND 7.8 trillion for package T08, which is separate from the newly signed T7.4 package. The project site was formerly in Sóc Trăng province and is now in Cần Thơ city.

The Long Phú 1 coal-fired power plant project.(VietVance)
The Vietnamese government assigned Petrovietnam to invest in and develop the project in 2010. In December 2014, Petrovietnam signed a USD 1.2 billion EPC contract with a consortium comprising Russia’s Power Machines and Tổng công ty Cổ phần dịch vụ kỹ thuật dầu khí (PTSC). Construction began in September 2015. Units 1 and 2 were originally scheduled to begin commercial operation in 2018 and 2019, respectively.
When construction was approximately 77% to 78% complete, the project encountered difficulties after the United States imposed sanctions on Russia’s Power Machines on January 26, 2018. In January 2019, the company formally notified the project that it was terminating its performance of the contract on grounds of force majeure. The Chinese company that signed the new contract provides EPC contracting, equipment supply and construction services for power plants. It previously participated in the Cẩm Phả coal-fired power plant project, which had total investment exceeding VND 10 trillion and a capacity of 600 MW.
Source: VietVance


