The Alstom – Phu My Energy Services Joint Venture will be set up to operate a gas turbine repair centre, the first of its kind in Vietnam.
An agreement to this effect was signed between Electricity of Vietnam (EVN) and France’s Alstom in Hanoi on May 18.
Deputy Prime Minister Hoang Trung Hai said the establishment of the joint venture is meant to assist electricity consumers in Vietnam, Southeast Asia and across Asia.
EVN General Director Pham Le Thanh said the JV 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.
Alstom President Philippe Cochet said the project will generate over 140 jobs for Vietnamese workers, and help attract investment and create 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.
