The €22 million ($24 million) facility, which is part of the joint venture formed in 2012 between Alstom and EVN, employs 150 and has area of 5,500 square metres. At full capacity, it can refurbish several hundred sets of gas turbine components per year.
“Establishing this reconditioning workshop is part of a major long term investment in Vietnam and shows our commitment bringing local capabilities to this fast growing region. Having a reconditioning workshop located in the heart of Asia is instrumental for Alstom’s continued growth in the region,” said Michael Rechsteiner, senior vice president of Thermal Services at Alstom.
The joint venture was established by and between three parties: Phu My Thermal Power Company, a subsidiary of Electricity of Vietnam (EVN), Alstom Asia Pacific and Alstom Vietnam. Located in Phu My, it aims to provide reconditioning services locally to EVN customers and for export under Alstom network.
Alstom operates in power generation, power transmission and rail infrastructure. The group employs 93,000 people in around 100 countries. It had sales of over €20 billion in 2013/14.
EVN, formed in 2006, operates in electricity generation, transmission, distribution and sales. Among other partnerships between Alstom and EVN are thermal power plants, such as the Phu My gas-fired power plant, and major hydro projects such as the 2,400 MW Son La, the largest hydropower plant in Southest Asia, the 1,200 MW Lai Chau and the 520 MW Huoi Quang.
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