Alstom clinches major Vietnam hydro power deal
Alstom, Hydrochina Zhongnan Engineering Corp. win $144.5m contract
Alstom and Hydrochina Zhongnan Engineering Corporation have signed a $144.5m contract with Vietnam Electricity (EVN) to provide the electro-mechanical equipment for the 1,200MW Lai Chau hydropower plant on the Da River in Lai Chau province. Alstom's share of the contract is $96.3m.
The scope of work includes the delivery, supervision of erection, testing and commissioning of three Francis 400MW turbine and gensets, as well as mechaical and electrical auxiliaries. The equipment will be manufactured at Alstom's hydropower industrial facility in Tianjin, China.
Construction of the Lai Chau hydropower plant began in January 2011, and is anticipated to be completed in 2017.
It will be the third-largest hydropower plant in Vietnam, generating more than 4.7 billion kWh a year.
"This success further reinforces our already long and successful partnership with EVN. Alstom is pleased to contribute to Vietnam's socio-economic development by meeting significant growth in energy demands," said Alstom Renewable Power president Jerome Pecresse.