Trade Resources Economy A Contract to Provide and Install VND 1.57 Trillion Worth of Equipment

A Contract to Provide and Install VND 1.57 Trillion Worth of Equipment

VNS reported that a contract to provide and install VND 1.57 trillion worth of equipment for the Mong Duong 1 thermal power plant in northern Quang Ninh Province was signed in Ha Noi last Friday.

Under the contract between Viet Nam Machine Installation Corporation and the primary contractor, Hyundai Engineering & Construction Co Ltd, Lilama will install all of the plant's electro-mechanical equipment from December 2012, to October 2015.

The VND 33.6 trillion (USD 1.7 billion) power plant is funded by Viet Nam Electricity Corporation. It is one of the two facilities in the Mong Duong Electricity Centre part of the National Electricity Development Plan for 2006-2015.

Mong Duong 1 includes two turbines that will have a combined capacity of 1,080 megawatts, generating 6.5 billion kWh hours per year.

The first and second turbines are expected to become operational in the first and third quarter of 2015, respectively.

Source: http://www.steelguru.com/international_news/Hyundai_to_equip_power_plant_in_Vietnam/296361.html
Contribute Copyright Policy
Hyundai to Equip Power Plant in Vietnam
Topics: Metallurgy , Machinery