Siemens scores sought after Phu My contract

January 21, 2013 | 15:12

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Siemens Energy Service has been awarded a long-term service programme contract extension for Phu My 3, Vietnam’s first power plant built on a build-operate-transfer contract.

The two sides’ representatives signed the multi-year contract extension in Ho Chi Minh City last week.

“We’re very pleased to extend our long-term contract with Phu My 3, one of our key customers in Vietnam. We feel honoured that they continue to choose Siemens as their service partner,” Siemens Vietnam CEO Pham Thai Lai.

“With our premium products and service, the power plant has been running efficiently since 2004, and we’re committed to sustaining this record and to making further contributions to the development of the energy sector in Vietnam,” he added.

Under the new deal, Siemens will service the power station’s major equipment for a period of approximately eight more years once the gas turbines have reached 100,000 equivalent operating hours.

The 740-megawatt combined-cycle power facility is located in southern Ba Ria–Vung Tau province, about 70 kilometres southeast of Ho Chi Minh City. It began commercial operation in 2004.

Siemens will provide comprehensive maintenance services for the plant’s three turbines and three generators. It will also supply original equipment manufacturer (OEM) spare parts and outage management.

The facility is operated by Phu My 3 BOT Power Co. which is jointly held by BP Holdings BV, a subsidiary of oil and gas giant BP, Singapore’s SembCorp Utilities, and a consortium of Japan’s Kyuden International Corporation and Sojitz Corporation. The companies will operate the facility for 20 years before handing it over to state-owned utility Electricity of Vietnam.