Alstom to build Vietnam power plant

Alstom to build Vietnam power plant

HANOI: Vietnam's state-owned power company has signed a contract with a consortium led by engineering group Alstom SA to build a US$215.6 million power plant in southern Vietnam, the power company's board chairman said Monday.

The 450-megawatt plant in Ba Ria-Vung Tau province will have two gas-powered turbines with capacities of 150 megawatts each and one 150-megawatt steam-powered turbine, said Dang Hung, board chairman of Electricity of Vietnam Corp, or EVN.

EVN signed the contract Friday with the consortium, which also includes Japan's Marubeni Corp. and Vietnam's Lilama.

Construction of the Phu My-4 plant is scheduled to begin in June and be completed in 24 months, Hung said.

Gas for the plant will come from the Nam Con Son basin gas field developed by British Petroleum off Vietnam's southern coast, Hung said. -- AP