Siemens powers Vietnam and Korea

(PG) has announced it has won two contracts with a total value of €310 million to provide power plant equipment for

and

.

The company will supply the turbine island for a combined cycle power plant in Vietnam. The project is the fourth major power plant order for Siemens in Vietnam. In Korea, Siemens will build a combined cycle power plant with an installed capacity of 560 megawatts (MW) in a consortium with GS Engineering & Construction (GS E&C), Seoul. It is the first turnkey power plant project to be built in Korea under the leadership of a foreign main supplier.

“Vietnam and Korea certainly are interesting power plant markets for us,“ said Klaus Voges, group president of Siemens Power Generation. “With the Ca Mau and Bugok orders, we are underscoring our strong position in these expanding markets.”

Lilama Corporation, Hanoi, is building the Ca Mau II power plant in Vietnam for the state oil and gas company Petro Vietnam. Ca Mau II is to be built approximately 300 kilometres south of Ho Chi Minh City. Siemens supplied its predecessor Ca Mau I in 2005.

Siemens PG will supply two gas turbines, one steam turbine and three generators, including the complete electrical and instrumentation & controls (I&C) equipment. The two natural gas-fired power plants, Ca Mau I and II, each having a capacity of around 750 MW, are scheduled to start operation in 2007 and 2008 respectively.

Power consumption in Vietnam is growing at a rate of around 14 per cent annually. With this in mind, the government in Hanoi is planning an ambitious expansion program. By the year 2020, the installed power plant capacity is to be increased from the present 11 gigawatts to 62 gigawatts. Abundant natural gas is available off the Vietnamese coast in the South Chinese Sea for expanding the power generating capacity.

Together with their consortium partner GS Engineering & Construction, Siemens PG is building the Bugok II combined cycle power plant for the Korean independent power producer GS Electric Power Services. At the end of the 1990s, the company built Bugok I, Korea’s first IPP project.

The Bugok II natural gas-fired plant with a capacity of 560 MW is scheduled to start commercial operation in early 2008. It is being constructed directly adjacent to Bugok I, approximately 100 kilometres southwest of Seoul. Siemens PG is set to supply two gas turbines, a steam turbine, three generators, two heat-recovery steam generators, including the ancillary systems, low-voltage electronics and the I&C equipment.