Siemens Vietnam Contract Extension
Siemens signs multi-year service, maintenance agreement for Phu My 3 power plant
Siemens Energy Service has been awarded a long-term service program (LTSP) contract extension for the Phu My 3 combined-cycle power plant. The facility is a build-operate-transfer (BOT) financed 740 MW power plant located in Ba Ria – Vung Tau Province, Vietnam. It began commercial operation in 2004 and supplies Vietnam with clean power generated by highly efficient gas turbines, the company said.
With this contract extension, 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.
Siemens will provide comprehensive maintenance services for the plant’s two SGT5-4000F turbines, one SST5-5000 steam turbine and three generators. Siemens said that the long-term maintenance contract will help to ensure safe and reliable operations over the lifecycle of the Phu My 3 power plant by providing predictable maintenance costs and extended warranty coverage, as well as the supply of original equipment manufacturer (OEM) spare parts and professional outage management.
Phu My 3 is the first large-scale BOT gas-fired power plant to contribute to a more reliable base-load and further diversification of energy sources in Vietnam. Siemens said the plant serves as a successful model for the development of an integrated gas-for-power project and involves the transfer of technology and best practices in power plant operation, as well as in environmental, health and safety management.
The plant is operated by Phu My 3 BOT Power Co Ltd., which is jointly held by British Petroleum (BP), SembCorp Utilities Pte Ltd., and the consortium of Kyuden International Corporation and Sojitz Corporation.