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Released on Tuesday, July 29, 2008

Power

Vietnam's IDICO and Dongfang Electric Sign Supply Contract for Four Hydraulic Turbine Generating Units

Dongfang Electric Corporation Limited (SHA:600875) (Chengdu) has signed a supply contract with the Vietnam Urban and Industrial Zones Development Investment Corporation (HCM:UIC) (IDICO) ...


Researched by Industrial Info Resources (Sugar Land, Texas)--Dongfang Electric Corporation Limited (SHA:600875) (Chengdu) has signed a supply contract with the Vietnam Urban and Industrial Zones Development Investment Corporation (HCM:UIC) (IDICO) (Dong Nai, Vietnam) for hydraulic turbine generating units. According to the contract, Dongfang Electric will supply four hydraulic turbine generating units with a total installed capacity of 190 megawatts (MW) to IDICO, including two 74-MW Francis units for the Dak Mi 4A power station and two 21-MW Francis units for the Dak Mi 4B power station in Vietnam. The four units will be manufactured by Dongfang Electric Machinery Works Company Limited (Leshan, Sichuan), a subsidiary of Dongfang Electric.

The signing of the contract is a sign of Dongfang Electric's steady expansion into Vietnam's hydropower market. The company had also supplied units to IDICO for the Srok Phu Mieng power station. The plant's successful start-up helped to pave the way for Dongfang Electric and IDICO's second supply contract, Dongfang Electric said.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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