HANOI, Vietnam – June 23, 2026 – GE Vernova Inc. (NYSE: GEV) has announced a major equipment contract to supply two 9HA.02 gas turbines and two H78 generators for Vietnam Electricity’s (EVN) Quang Trach II LNG Power Plant. This new combined-cycle power station is set to deliver more than 1.6 GW of electricity, with full commercial operations expected by 2030, supporting Vietnam’s increasing need for efficient, adaptable, and dependable power generation.
The Quang Trach II LNG Power Plant is being developed by EVN in partnership with an EPC consortium comprising Power Construction Corporation of China and LILAMA Corporation. Situated within the Hon La Economic Zone in Quang Tri Province, Vietnam, the facility is poised to significantly contribute to the nation’s growing electricity needs while improving grid flexibility and reliability. The plant will utilize imported liquefied natural gas (LNG), which will be re-gasified and used to power the gas turbines in a highly efficient combined-cycle setup.
This development follows the recent milestone of GE Vernova’s HA gas turbine fleet surpassing 4 million commercial operating hours globally—an achievement underscoring the performance and reliability of one of the most advanced gas turbine platforms in the energy sector. With nearly 130 HA units currently operating across 21 countries, the fleet continues to enhance energy security, grid stability, and cost-effective power generation worldwide.
“We’re proud to support EVN with the Quang Trach II project and to strengthen our enduring partnership in Vietnam,” said Ramesh Singaram, President & CEO of GE Vernova’s Gas Power business in Asia Pacific. “As our HA technology reaches over 4 million operating hours globally, this order reaffirms customer trust in its ability to provide efficient, flexible, and resilient power solutions. For Vietnam, initiatives like Quang Trach II are key to meeting rising energy demand, ensuring grid reliability, and progressing toward a more balanced and diversified energy portfolio.”
GE Vernova’s presence in Vietnam dates back to 1993, and the company has collaborated with EVN since the utility’s founding in 1995. Today, GE Vernova’s technologies support Vietnam’s power infrastructure through a range of installed equipment and services nationwide, including approximately 2.2 GW of gas power capacity. The company employs nearly 1,100 people across nine locations in Vietnam and maintains local operational capabilities, including a repair center in Phu My and an HRSG manufacturing facility in Dung Quat.
About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-driven global energy leader encompassing Power, Electrification, and Wind divisions, backed by its accelerator businesses. Drawing on more than 130 years of innovation in solving global energy challenges, GE Vernova is uniquely equipped to drive the energy transition—advancing electrification while actively working to reduce carbon emissions. The company enables customers to power economies and deliver essential electricity that supports health, safety, security, and enhanced living standards. Headquartered in Cambridge, Massachusetts, U.S., GE Vernova operates with around 85,000 employees in approximately 100 countries. Guided by its mission, The Energy to Change the World, GE Vernova’s technology is shaping a future that is more affordable, reliable, sustainable, and secure.