With energy demands rising in Vietnam, coal remains a critical part of the country’s current and future energy mix. GE (NYSE:GE) will supply two sets of high-efficiency steam turbines and generators to the EPC consortium of Russia-based OJSC Power Machines and Petrovietnam Technical Services Corporation for the new Long Phu 1 coal-fired thermal power plant in Soc Trang, a province in the Mekong Delta known for its Khmer culture and community. Petrovietnam is the owner of the new plant.
“Long Phu 1 power plant will serve the growing demand in the south of Vietnam and help improve transmission efficiencies for the whole of Vietnam by locating much needed power closer to the demand,” said Dr. Nguyen Tien Vinh, general manager of power division, Petrovietnam. “Working with GE, we look forward to implementation of this project and ongoing success.”
Long Phu 1 is one of the first coal-fired power plants in Vietnam to use supercritical technology for higher efficiency, more environmentally friendly power generation as compared to conventional subcritical boiler technology. The plant is one of three power stations planned for the Long Phu Power Center. The facility will use two GE D850 steam turbines, configured to enhance the construction timeline with pre-assembled sections and installation features that shorten erection time while maintaining GE-tested quality standards.
Once online, the plant can generate 1,200 megawatts (MW), the equivalent power needed to supply approximately 4 million Vietnamese homes.
“Power development in Vietnam remains highly dependent on coal,” said Ramesh Singaram, president of Power Generation, Asia Pacific, GE Power & Water. “By using GE’s supercritical steam turbine technology, Long Phu 1 will demonstrate how efficiently coal can be used as part of an environmentally sound energy mix.”
GE is expected to start delivery of the first set of steam turbines and generators to the site in late 2016. The plant is scheduled to be fully online toward the end of 2018.
Vietnam Oil & Gas Group (Petrovietnam - PVN) is among the leading economic groups in Vietnam today, making an average annual growth of 15-20%, contributing 25-30% of the State Budget revenues. Founded in 1975, Petrovietnam has been developing rapidly with focus on five core businesses: oil and gas exploration and production, refinery and petrochemical, gas industry, power generation and high-quality petroleum services. As a state-owned company, Petrovietnam is responsible for all oil and gas resources in the country and has become the country's largest oil producer and second-largest power producer with a total installation capacity of nearly 4,215MW, delivering more than 100 billion KWh accumulatively to national power grid.
About OJSC Power Machines
Power Machines OJSC is the largest power plant engineering company in Russia with an international experience in the field of design, manufacture and complete delivery of the equipment for thermal, nuclear, hydraulic and gas-turbine power plants.
Power Machines OJSC creates efficient integrated solutions for the world's power industry basing on the 150 year experience of the company's production assets and implementing the latest achievements.
Power Machines OJSC is:
- over 300,000 MW of installed capacity in 57 countries;
- the fourth place in the world by the volume of equipment installed;
- the largest design and engineering centre in the field of power plant engineering in Russia;
- full range of main power equipment complying with international standards;
- system of continuous improvement of all business processes of the company;
- about 17,000 employees.