|Construction of the Mong Duong 2 Power Project – the first BOT coal-fired power project in Viet Nam, commenced yesterday in the north-eastern coastal province of Quang Ninh. — VNS File Photo
QUANG NINH — The lifting of the Unit 1 Steam Drum of Mong Duong 2 Power Project – the first BOT coal-fired power project in Viet Nam commenced yesterday in north-eastern coastal Quang Ninh Province.
In a coal-fired power project, the steam drum is considered the heart of the boiler, providing steam to spin the turbine and the generator. The steam drum installation is one of the most important milestones in determining the installation schedule of the boiler and subsequently the overall project schedule.
For the Mong Duong 2 Power Project, the installation of the Unit 1 Steam Drum, which weighs approximately 230 tonnes, signifies the completion of the boiler steel structure and beginning of the boiler erection process.
Speaking at the ceremony, David Stone, managing director of the AES-VCM Mong Duong Power Company Limited, the owner of the Mong Duong 2 Power Project, said "We are extremely happy to witness the lifting of the Unit 1 Steam Drum.
We would like to express many thanks to all the dedicated and skilful engineers and workers for their efforts to achieve this significant milestone today. With more than 3.5 million man-hours achieved without any Lost Time Incidents to date, we are confident we will complete the project on schedule to support Viet Nam in meeting the energy demands of its fast-growing economy."
Construction on the Mong Duong 2 Power Project began in August 2011 and is now 40 per cent complete. There are nearly 180 experts and 2,350 local Vietnamese people currently working at the site.
The Mong Duong 2 Power Project is forecasted to begin commercial operation during the second half of 2015 and will generate 7.6 billion kwh of electricity a year. After 25 years of operation, the Mong Duong 2 Power Project will be handed over to the Vietnamese Government per the BOT (Built-Operate-Transfer) Contract.
AES-VCM Mong Duong Power Company Limited was formed by three shareholders from subsidiaries of the AES Corporation from the US (51 per cent), Posco Energy Corporation from South Korea (30 per cent) and China Investment Corporation (19 per cent). The project's EPC contractors include Doosan Heavy Industries Viet Nam Co Ltd and its subsidiaries. — VNS