The Alstom – Phu My Energy Services Joint Venture will be set up to operate a gas turbine reconditioning workshop, the first in Vietnam.
An agreement to this effect was signed between Electricity of Vietnam (EVN) and France ’s Alstom in Hanoi on May 18.
Addressing the ceremony, Deputy Prime Minister Hoang Trung Hai said the establishment of the joint venture was meant to assist electricity consumers, firstly in Vietnam and then the project will be expanded to Southeast Asia and across Asia .
EVN General Director Pham Le Thanh said the joint venture established by the Phu My thermo-power company, the Asia Pacific Alstom company and Alstom Vietnam will operate in the southern province of Ba Ria - Vung Tau.
Philippe Cochet, president of Alstom Thermal Power Company said the project will generate over 140 jobs for Vietnamese workers, as well as assist the national programme in luring investment and creating more jobs in modern technology, as part of the group’s development strategy in Asia.
The two sides also signed a memorandum of understanding covering four fields: engineer training for EVN, applying online supervision technology used in power plants, offering solutions to reduce fuel consumption and improve efficiency of power plants, and using thermal waste from industrial plants to generate power./.