Gas Turbine and Combined-Cycle Power Plants in Vietnam
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Ca Mau Location: Ca Mau Operator: PetroVietnam Configuration: Two 750-MW, 2+1 CCGT blocks with SGT5-4000F gas turbines Fuel: natural gas, oil Operation: 2007-2008 HRSG supplier: Doosan T/G supplier: Siemens EPC: Poyry, Fichtner, Power Engineering & Consulting Co No 2, Lilama, Posco E&C Quick facts: In Oct 2001, the government approved a pre-feasibility study for a large CCGT plant at the Ca Mau Gas-Power Fertilizer Complex. In Dec 2003, four domestic banks agreed to make $430mn of long-term syndicated loans for the project. Vietcombank is the lead and the other banks include Agribank, BIDV, and Incombank. In Sep 2005, Siemens signed a $230.6mn contract for the first block and followed with a similar contract in Apr 2006 for the second block, this for $212.6mn. GT erection started at the 200ha complex in Jun 2006 and the plant was dedicated by Prime Minister Nguyen Tan Dung in Jun 2008. In Oct 2008, Siemens was awarded a LTSA for the plant. The project also includes a $299mn, 325km gas pipeline from the PM3-Ca Mau offshore field. Gas burn for the two blocks is expected to total about 1.6bn m³/yr. Annual production is expected to be about 10 TWh. Photograph courtesy of
Siemens |
Can Tho Location: Can Tho Operator: Electricity of Vietnam Configuration: 2 X 38 MW, 2 X 39 MW 6001B gas turbines, 1 X 33 MW steam Fuel: diesel oil, fuel oil Operation: 1975-1999 Boiler supplier: Babcock-Hitachi T/G supplier: EGT, Alstom, Hitachi Quick facts: Can Tho also has two older gas turbines converted in 1994 to reactive power compensators. Total capacity is 18 MVAR. Photograph courtesy of Electricity of Vietnam
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Nhon Trach Location: Dong Nai Operator: PetroVietnam Power Corp Configuration: 450-MW, 2+1 CCGT with GT13E2 gas turbines Fuel: natural gas Operation: 2008-2009 HRSG supplier: Alstom T/G supplier: Alstom EPC: Lilama, Construction Co No 1, Econ Corp Quick facts: This CCGT site is about 30km southeast of Ho Chi Minh City and a second, 750-MW block is under construction for service in 2010. Nhon Trach-1 cost about VND6.5tn and runs on natural gas from the Nam Con Son and Cuu Long basins delivered via a new 40km pipe from the Ba Ria Vung Tau gas handling facility. Funding for Nhon Trach-1 was raised by ANZ, BNP Paribas, and Natixis. Photograph courtesy of Econ Corp
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Phu-My 2.1 Location: Ba Ria-Vung Tau Operator: Electricity of Vietnam Configuration: 450-MW, 2+1 CCGT with GT13E2 gas turbines Fuel: natural gas Operation: 1997-2003 HRSG supplier: Alstom T/G supplier: ABB EPC: Alstom, Colenco, Marubeni Photograph courtesy of Colenco |
Phu-My 2.2 Location: Ba Ria-Vung Tau Operator: Mekong Energy Ltd Configuration: 715-MW, 2+1 CCGT with 9001FA gas turbines Fuel: natural gas Operation: 2005 HRSG supplier: NEM T/G supplier: GE EPC: EDF, TEPCO, General Construction Corp No 1, Hanoi Construction Co, Lilama Quick facts: This was the first Vietnamese IPP to be offered through a competitive bidding process. The World Bank-backed tender was launched in October 1997 and in Sep 2001, Mekong Energy signed BOT agreements to proceed Mekong Energy consists of EDF (56.25%), Sumitomo (28.125%), and Tokyo Electric Power Co (15.625%). The first power from the $400mn project was sold in Febr 2005 and the entire project was completed in Oct 2005 In addition to the investment license, the partners signed gas supply and land lease agreements, a 20yr BOT agreement, and government guarantees allowing the repatriation of profits. The PPA is for $40.40/MWh. The World Bank provided political risk insurance. Photograph courtesy of Sumitomo Corp
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Phu-My 3 Location: Ba Ria-Vung Tau Operator: BP Global Power Configuration: 720-MW, 2+1 CCGT with V94.3A gas turbines Fuel: natural gas Operation: 2003-2004 HRSG supplier: Doosan T/G supplier: Siemens EPC: Siemens, PB Power Quick facts: In May 2001, BP Amoco received a BOT license from EVN for the $400mn Phu My-3 project. This came after the project was officially cancelled three times and required 4yrs years of negotiations. The development consortium also includes Kyushu Electric Power, Nissho Iwai Corp, and SembCorp Industries. The 20yr PPA has an average tariff of $40.90/MWh. In Jul 1999, Siemens was awarded a a €300mn contract for the T/G sets. In Jun 2003, the developers closed $412mn of financing comprised of a $309mn syndicated loan and $103mn of equity. The ADB supplied a $40mn loan plus $32mn of political risk guarantees. MIGA provided $138mn of political risk guarantees while JBIC made a $99mn loan and Nippon Export and Investment Insurance extended additional political risk coverage. Five lead arranges put together $170mn of debt financing. They included Bank of Tokyo-Mitsubishi, Credit Agricole Indosuez, Credit Lyonnais, Fortis Bank, and Mizuho Corporate Bank. The two gas turbines were synchronized on schedule in Aug 2003 and plant was fully commissioned in Mar 2004.
Photograph courtesy of Siemens |
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Phu-My 4 Location: Ba Ria-Vung Tau Operator: Electricity of Vietnam Configuration: 450-MW, 2+1 CCGT with GT13E2 gas turbines Fuel: natural gas Operation: 2004 HRSG supplier: Alstom T/G supplier: Alstom EPC: Alstom, Marubeni, Lilama Quick facts: In Jun 2002, EVN awarded Alstom and Marubeni Corp a €238mn EPC contract for Phu My-4 and construction began at the end of Dece 2003. Malaysia’s Jurong Engineering was retained as a project management contractor while local companies Erection and Construction Co No 45-1, Lilama, and Vinaincon were construction subcontractors. In Oct 2003, Alstom signed an 8yr LTSAs with EVN for the Phu My-2.1 and Phu My-4 plants. Photograph courtesy of Alstom |
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Data: industcards, Platts UDI World Electric Power Plants Data Base
Updated 08/26/09