Siemens Energy Service has been awarded a Long-Term Service Program (LTP) contract extension for Phu My 3 gas-fired combined-cycle power plant. The facility is a build-operate-transfer (BOT) financed 740-megawatt (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. 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. 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.
"We are very pleased to extend our long-term contract with Phu My 3, one of our key customers in Vietnam. We feel honored that they continue to choose Siemens as their service partner. With our premium products and service, 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 energy sector in Vietnam," said Dr. Thai Lai Pham, CEO of Siemens Vietnam.
Phu My 3 is the first large-scale BOT gas-fired power plant that contributes to more reliable base load and more diversification of energy sources in Vietnam. It 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 environment, health and safety management. It is operated by Phu My 3 BOT Power Company Limited, which is jointly held by British Petroleum (BP), SembCorp Utilities Pte. Ltd., and the consortium of Kyuden International Corporation and Sojitz Corporation.