Toshiba Wins Major Order in Vietnam for Coal-Fired Power Generation Project

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TOKYO-Toshiba Corporation (Tokyo: 6502) today announced that it has received an order to supply two 600MW super-critical steam turbines and generators (STGs) for the Vinh Tan 4 Thermal Power Plant in Binh Thuan Province, Vietnam, from Doosan Heavy Industries and Construction Co., Ltd. (Doosan) of Korea and Mitsubishi Corporation of Japan, members of the consortium awarded the engineering, procurement and construction (EPC) contract for the project. Toshiba will start delivery in 2015 and the first unit of the plant will start operation in 2017.

The award of the contract is based on Mitsubishi and Doosan's positive evaluation of the performance and reliability of Toshiba's STGs in coal-fired thermal plants, including those installed in Vietnam's Vung Ang 1 Thermal Plant in Ha Tinh Province, and Thai Binh 2 Thermal Plant in Thai Binh Province.

Power demand in Vietnam is rising fast, driven by strong economic growth. The government is responding with an expansion plan that it will raise generating capacity from 26,836MW in 2012 to 75,000MW in 2020, and to 146,800MW by 2030. Construction of power plants to meet these targets, most of them coal fired, is underway.

Toshiba will continue to reinforce its thermal power plant business in Vietnam and its neighboring countries. Going forward, Toshiba Group will look to contribute to economic development in ASEAN by supporting measures to secure stable power supply.

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News Source : Toshiba Wins Major Order in Vietnam for Coal-Fired Power Generation Project
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