3 November 2003 – Electricity of Vietnam (EVN) signed two contracts on Thursday with foreign firms, one for converting a power plant into a combined cycle plant and another for transmission.
The first project, worth $77.5m, is the Phu My 2.1 Extension Add-on Combined Cycle Power Project in Ba Ria-Vung Tau Province and contracts with France’s Alstom and Japan’s Marubeni have been agreed for the supply of material and equipment, and manufacturing, installation, trial and conversion over a period of two years.
The project, funded by EVN, will be executed by Vietnamese contractors using foreign design and equipment.
Phu My 2.1 will have a capacity of 450MW and run for 5500 hours per year.
“The aim of this project is to convert gas turbines from single to combined cycle. The transfer will make fuel use more efficient and minimise environmental impacts,” EVN Director General, Dao Van Hung, said.
EVN signed the second project with a consortium comprising Austria’s VA Tech T & D and Nissho Iwai Corporation of Japan.
Under it, EVN will receive technology and equipment and install the 500KV Phu My and Nha Be substations, 500kV Phu Lam feeder station and 500kV Phu My-Nha Be-Phu Lam transmission line. The project will cost $38.3mand is to be implemented within 19 months.
The 60km power line is expected to be completed later this year helping supply power to HCM City and its neighbouring provinces, Hung said.