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France’s Alstom wins $17mn contract for Vietnam power project

France’s Alstom wins $17mn contract for Vietnam power project

Thursday, September 18, 2014, 10:45 GMT+7

Alstom has secured a contract from the state-run Vietnamese power giant to supply electromechanical equipment, including a 75 MW turbine, to the extension project of a hydropower plant in southern Vietnam, the French firm announced Tuesday.

Vietnam Electricity, commonly known as EVN, has awarded a contract worth around €13 million (US$16.83 million) to Alstom for the design, manufacturing, testing, installing, and commissioning equipment for the extension of the Thac Mo hydropower plant in Binh Phuoc Province.

The supplies consist of a 75 MW vertical Francis turbine, a power generator, control systems, and electrical balance-of-plant equipment, Alstom said in a press release.

EVN plans to build an additional 75 MW hydropower plant to support the existing 150 MW Thac Mo power station of the broader VND1.58 trillion ($74.37 million) Thac Mo project. 

The existing power station, which has two 75 MW Francis-type turbines and was commissioned in 1994, supplies power to the national grid run by EVN and covers the southern part of Vietnam.

The expansion project aims to focus intensively on creating a positive social and environmental impact for the population in the region, EVN said on its website.

The project broke ground in July 2014, and construction is expected to take 36 months.

The EVN - Alstom contract will be booked during the second quarter of the fiscal year ending March 31, 2015, Alstom said.

Alstom said the main turbines and generators for the Vietnam project will be manufactured at its state-of-the-art Vadodara facility in the Indian state of Gujarat, where the French company has one of the largest hydro-manufacturing hubs in the world.

Electrical and mechanical balance-of-plant items will be supplied from various countries, including Vietnam, according to Alstom.

“This project showcases our technological leadership in the hydro sector and reaffirms the confidence that our customers have in our ability to deliver world-class products and solutions in different regions and geographies,” Jerome Pécresse, president of Alstom Renewable Power, said in a statement.

Alstom is the world’s leading firm in power generation, power transmission, and rail infrastructure, which offers a wide range of solutions for power transmission.

It had sales of over €20 billion ($15.88 billion) and booked close to €21.5 billion ($17 billion) in orders in the fiscal year ending March 31, 2014.

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