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The Nhon Trach 2 Thermopower Plant in Phuoc Khanh Commune, Nhon Trach District, Dong Nai Province, has produced more than 900 million kWh so far this year and expected to reach four million kWh by the end of the year.

The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power).[Trich luoc nhap]

On March 14, in Hanoi, PetroVietnam Power Corporation (PV Power) and the consortium of contractors (Samsung C&T Corporation), Vietnam Machinery Erection Corporation (Lilama) held a ceremony for signing the Engineering –Procurement – Construction (EPC) Contract for Nhon Trach 3 &4 power plants and other relevant agreements.

At the meeting with PetroVietnam Power Corporation (PV Power) and Tin Nghia Corporation on cleaning the plan ground for Nhon Trach 3 and 4 power projects, Chairman of Dong Nai Provincial People's Committee (PPC) agreed to let PV Power sign a lease directly with the government agency.

In the first week of October 2019, many international investors paid special attention to shares of Nhon Trach 2 Petroleum Power Joint Stock Company (NT2). Specifically, the Panah Fund with a Headquarter in the Cayman Islands currently holding 1.9% of NT2 stock met and had a dialogue with NT2. Following, the Japanese Great Wall Company also came to learn information about production and business activities of NT2 in recent years.

On January 10, 2019, in Hanoi, the signing ceremony of the framework agreement on supplying and consuming LNG for Nhon Trach 3 and 4 power plants between Vietnam Gas Corporation JSC (PVGAS) and PetroVietnam Power Corporation  JSC  (PV Power).

After considering the proposal of MOIT and opinions of the relevant ministries, Prime Minister has agreed to add Nhon Trach 3&4 projects to the National Power Development Planning VII (Adjustment).

The Prime Minister (PM) has just assigned Petrovietnam Power Corporation (PV Power) to invest with Nhon Trach 3&4 TPPs which have been approved by the Ministry of Industry and Trade (MOIT) for adjusting location of construction in Nhon Trach power center and agreed by PM for supplement into Power Development Planning VII (adjusted project).

The Nhon Trach 3 and 4 Power Projects were approved by the Prime Minister for investment policy, appraised by the Ministry of Industry and Trade (MOIT) for basic designs, decided by PV Power for investment and managed by the Power Management Board for project development implementation.

On October 4, in Hanoi, PetroVietnam Power Corporation - JSC (PV Power) held a signing ceremony to appoint a consortium for arranging and coordinating capital mobilization for Nhon Trach 3 & 4 power projects.

The Nhon Trach 2 thermal power plant in the southern province of Dong Nai has generated 35 billion kWh for the national grid over just seven years of operation, announced the PetroVietnam Power Nhon Trach 2 company on November 20th.

The Government Office has consulted ministries and sectors on Vietnam National Oil and Gas Group (PVN) to transfer Nhon Trach 3 & 4 thermal power projects to PetroVietnam Power Corporation (PV Power) for investment.