Hanoi (VNA) – The Vietnam Oil and Fuel Group (Petrovietnam) and contractors are discussing measures to restart Lengthy Phu 1 thermal energy mission that has been postponed since 2019.
At a gathering with the mission administration board and contractors final weekend, Petrovietnam Common Director Le Manh Hung, Petrovietnam Deputy Common Director Pham Tien Dung, different managers of the group and contractors, together with the Petrovietnam Technical Companies Company (PTSC) and the Petrovietnam Building Joint Inventory Company (PetroCons), mentioned the deadline to complet the mission, whole new funding quantity, the most effective choices to hold out and implementation plans.
Petrovietnam Common Director Le Manh Hung requested the Lengthy Phu 1 Undertaking Administration Board to coordinate with related departments to quickly determine choices and implementation plans.
Hung additionally requested the Lengthy Phu 1 Undertaking Administration Board to ascertain working teams to replace the whole mission estimate, assessment the authorized standing of contracts, and re-evaluate the capitalisation worth of the mission.
He requested PTSC to proceed to assist the Lengthy Phu 1 Undertaking Administration Board to raised consider, classify and keep equipment and tools on the development website, making it able to restart the mission.
Based on the Lengthy Phu 1 Undertaking Administration Board, since Russian constructor Energy Machines Firm withdrew from the mission as a result of US’s sanction on January 26, 2018, the mission’s accomplished workload was nonetheless stored at over 70%. In the meantime, the corporate introduced the termination of its EPC contract on February 22, 2019.
At a gathering late final yr, the Undertaking Administration Board additionally stated that it was coordinating with Petrovietnam and the authorized marketing consultant to arrange and full procedures to undergo the worldwide arbitration council on the Singapore Worldwide Arbitration Heart (SIAC).
The magement board additionally accomplished the plan to restart the mission. Accordingly, the mission is predicted to be accomplished by 2026 and the board ready for the collection of a brand new EPC contractor.
The development of the Lengthy Phu 1 Thermal Energy Plant in Lengthy Phu district, Soc Trang province, began in early 2011. The mission consists of two generators with a complete put in capability of 1,200 MW. As soon as put into operation, the plant will contribute to the nationwide grid with about 7.8 billion kWh per yr./.