Representatives of Siemens and Phu My 3 BOT Power Company Ltd. exchange the signed extension contract in HCMC last Friday - Photo: Thien Thanh

Siemens Energy Service has clinched a long-term contract to extend maintenance and equipment supply services for Phu My 3 combined-cycle power plant in the southern province of Ba Ria-Vung Tau.

Siemens will service the power station’s major equipment for a period of some eight more years once the gas turbines have reached 100,000 equivalent operating hours in line with the deal signed by representatives of Siemens and Phu My 3 BOT Power Company Ltd. in HCMC last Friday.

The new agreement will ensure safe 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 spare parts and outage management.

Carl Ennis, chief executive officer of energy service in Asia Pacific at Siemens Energy, said key elements of the long-term contract included comprehensive maintenance services for the plant’s two SGT5-4000F turbines, one SST5-5000 steam turbine, three generators, turnkey outages, gas turbines’ output and heat rate, emission and noise warranty among others.

Thai Lai Pham, CEO of Siemens Vietnam, named Phu My 3 as one of the company’s key customers in the country. “With our products and services, 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 Vietnam’s energy sector,” he said.

Do Ba Canh, general director of Phu My 3 BOT Power Company Ltd., said that every year, Phu My 3 supplied over 4.4 billion kWh to the national grid, equivalent to nearly 6% of the nation’s power demand.

“Since the start of its operations over nine years ago, Phu My 3 has produced approximately 40 billion kWh, significantly contributing to helping Vietnam meet the rising power demand,” Canh said.

Canh said the company’s most important goal was to guarantee the plant’s safe and reliable operations to supply electricity to its customers in a stable manner.

“In order to achieve this, we need support from our many contractors and suppliers, especially Siemens, the original equipment supplier,” Canh said. “Over the last over nine years, Siemens has provided us the much needed support to help us achieve our goals.”

Canh believed that the success of Phu My 3 BOT Power Company Ltd. was an example and a real life demonstration of how Vietnam and the foreign investors were able to work together for long-term benefits.

Phu My 3 BOT Power Company Ltd. owns and operates a 720-MW combined-cycle thermal power plant located in Phu My Industrial Zone in Ba Ria-Vung Tau Province. The first BOT power company in Vietnam is a joint venture between BP, Sembcorp, Kyushu Electric and Sojitz.

The Saigon Times Daily