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| VNA/VNS Photo Duong Giang |
The Nghi Son 1 thermal power plant will be one of the largest power plants in the Nghi Son district, a fast-growing industrial region. Financing for this construction project is being provided in the form of Japanese government-backed ODA loans through the Japan International Cooperation Agency (JICA), and in March 2007 an agreement was signed for the disbursement of the first 20,943 billion yen loan. The plant is scheduled to start operation in 2014 and will supply electricity to the Nghi Son industrial complex and to the northern part of Vietnam.
For this project, Yokogawa is providing CENTUM® VP series integrated production control systems and Exaquantum(R) plant information management systems, as well as delivery, engineering, installation, commissioning, and operator training for these systems.
Yokogawa was able to win this order by demonstrating excellent engineering capability and having an extensive track record in the Vietnamese power plant sector, including the Pha Lai and Vung Ang projects.
Driven by industry expansion and population growth, demand for electricity is increasing in Vietnam, and the country's electric power market is expected to continue to expand for the foreseeable future. Plans are in place to construct a second thermal power plant and an oil refinery in the Nghi Son district. Encouraged by the success in winning this order, Yokogawa aims to expand its control business in Vietnam by targeting the power plant sector.
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