Dongfang Electrical Machinery Co. of China has signed an US$18 million contract to equip the 97-MW Cua Dat hydropower plant being built in Vietnam’s Thanh Hoa Province.
Vietnam News Agency said the contract with Cua Dat Hydropower Joint Stock Co. calls for Dongfang to design, manufacture, and install two turbine-generator sets.
Vietnam Construction &Import-Export Corp. (VINACONEX) said the first unit is to go on line in December 2008, followed by the second in February 2009. The project is to generate 417 million kilowatt-hours per year.
Dongfang pursues hydropower, foreign markets
To offset expected slower growth for thermal power units in China, Dongfang says it plans to expand its hydropower, overseas, and other high-growth businesses.
Dongfang Vice President Gong Dan said the company’s production volume would increase to about 26,000 or 27,000 MW this year from 20,000 MW last year. But new orders amounted to 1.8 billion renminbi (US$225.2 million) in the first half of 2006, well off the pace of 2005’s 5.8 billion renminbi.
“We won’t see a repeat of 2004, 2005,” Gong said. “We’ll actively develop hydro, nuclear, and overseas markets from 2009 to 2010.”
Gong said output of Dongfang’s hydropower sales is expected to grow to 3,500 MW in 2006 and 4,000 MW in 2007, from 1,980 MW in 2005.