State-run oil and gas group PetroVietnam is looking for a new EPC contractor for the 1,200MW Long Phu 1 thermal power plant, which is located in the Mekong Delta province of Soc Trang.
According to the project’s management board under PetroVietnam – the plant's investor – the board has completed plans to select a new EPC contractor for the thermal power plant. The board will submit these plans for PetroVietnam for approval this month.
The former contractor was Power Machines – one of the world's largest power engineering companies. The Russian company announced an end to the contract in February 2019 after the US Department of Treasury imposed sanctions against it in January 2018.
PetroVietnam has called on other companies to take over the EPC contract, with three contractors showing an interest. It is a key project under the government’s power development plan for the 2011-2020 period.
The coal-fired power plant is part of Long Phu Power Centre, which comprises three coal-fired power facility projects (Long Phu 1, 2, and 3) and other ancillary technical infrastructure with a combined capacity of 4.4GW. PetroVietnam is the project owner and developer.
The Long Phu 1 and 2 power plants will feature two 600MW units each, while the Long Phu 3 will feature two 1GW units.
Early works at the Long Phu 1 site began in June 2015, and the two units were scheduled for completion in 2018 and 2019 respectively. However, after the incident relating to the contractor, the management board rescheduled the project’s development stages and expects to complete construction in 2026.
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By Ha Vy