EVN Vice President Ngo Son Hai hosted the meeting with the delegation led by Mr. Dogan Karadeniz, Member of the Board of Directors of Karpowership.

EVN Vice President Ngo Son Hai (left) discusses with Karpowership representatives (Turkey). Photo: C. Cuong

At the meeting, Mr. Dogan Karadeniz presented the floating power ship model currently being deployed by the company, which is considered a highly cost-competitive LNG power solution. The advantages of this model include rapid deployment (since the ships are pre-built), no construction time as with onshore power plants, no need for separate LNG storage facilities, and easy mobilization according to actual demand. The ships are designed for stable operation even under Category 4 storm conditions and can reconnect to the grid within two hours in case of a disruption.

With Vietnam’s dynamic development and electricity demand projected to continue rising sharply, Karpowership has identified Vietnam as its top priority market in Asia. Karpowership representatives emphasized their desire to build a long-term, sustainable partnership with EVN, ensuring mutual benefits for the company, the power sector, and the Vietnamese people.

EVN Vice President Ngo Son Hai acknowledged and thanked Karpowership for introducing the floating power ship concept. EVN leadership stated that the Group will continue to review and study the feasibility of this option.

EVN and Karpowership agreed to maintain information exchange, jointly research and assess actual conditions as a basis for considering potential cooperation in the future.

Karpowership is a subsidiary of Karadeniz Holding (Turkey), specializing in the development and operation of floating power ships (Powerships). The company currently owns 42 ships, 11 of which are already in operation in several countries with a total installed capacity of 7GW. The ships are fully equipped with transformers, grid connection devices, and can operate on LNG or various other fuels, aligning with trends in flexible power generation and sustainable energy transition.

Translator: Mỹ Linh