October 16, 2008

Siemens Division to Provide Maintenance Services for Ca Mau Power Plant

Siemens Energy's service division has been awarded a contract to provide long-term maintenance services for the Ca Mau combined cycle power plant in Vietnam.

The contract covers four SGT5-4000F gas turbines, two steam turbines and six generators, which Siemens installed in 2007 and 2008 respectively. The contract was signed between Siemens Energy and Petro Vietnam Power Services Joint Stock, a subsidiary of Petro Vietnam Power, which oversees all maintenance work at Ca Mau.

The maintenance service contract will help to ensure long-term, predictable reliability and provides additional technical and financial benefits to Petro Vietnam Power Services, including predictable maintenance costs and extended warranties. With a total capacity of approximately 1,500MW, the Ca Mau power plant is expected to meet Vietnam's energy needs.

Erdal Elver, CEO of Siemens Vietnam, said: "Vietnam has a fast-growing economy and an increasing demand for energy. With a total installed capacity of about 12GW, the power generating capacity is expected to grow at a pace of more than 15% per year."