Gas Turbine and Combined-Cycle Power Plants in Vietnam
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. Gas turbine 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 long-terms services agreement 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. The fertilizer plant will complete in 2009.

Photograph courtesy of Siemens
Reposted 18 Oct 2008

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
Posted 23 Mar 2005


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
Posted 3 Apr 2004


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
Posted 2 Apr 2005


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 four years of negotiations. The development consortium also includes Kyushu Electric Power Co, 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
Posted 3 Apr 2004

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
Posted 14 Mar 2007

Abbreviations: ABB = Asea Brown Boveri, BOT = build-own-transfer, CC = combined-cycle, EDF = Electricity de France, EGT = European gas turbine, EVN = Electricity of Vietnam, GE = General Electric , GT = gas turbine, HRSG = heat recovery steam generator, LTSA = long-term service agreement, T/G = turbine generator, Tepco = Tokyo Electric Power Co

Data: industcards, Platts UDI World Electric Power Plants Data Base

Updated 10/18/08