Page 11 - AsiaElec Week 13 2021

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WIND project control, design review, quality begin soon, and be completed by December
assurance, construction monitoring and 2025.
Black & Veatch chosen as commissioning support. government had been to build coal-fired
The original plan from the local
The Ia Pech wind farms will generate and
owner’s engineer for wind sell power to Vietnam Electricity for 20 years. plants, but a decision was made to switch
the tender to LNG as part of the Vietnamese
Construction of the farms is scheduled to
farms in Vietnam begin in 2021 and commercial operation is goverment’s push for cleaner energy. The
estimated to start by fourth quarter of 2021.
electricity generated will be sold to Vietnam
Vietnam is expanding its power generation “The power industry’s growing use of Electric Power Corp under a 25-year power
capacity as it balances its generation portfolio wind power in its generation mix aligns well purchase agreement.
and meets the soaring energy demand of its with our full range of innovative wind power The investment certificate was handed over
growing population and flourishing economy. solutions, allowing us to continue to serve an to VinaCapital GS Energy by Long An officials
To advance energy security with ever-evolving market,” added Dave Hallowell, in a ceremony on March 21, the same day that
decarbonisation and sustainability Black & Veatch’s Senior Vice President, Global Prime Minister Nguyen Xuan Phuc visited the
commitments, Vietnam is prioritising Renewable Energy. province.
the development of its renewable energy Black & Veatch has supported over 56 The power plant will be situated near the
infrastructure. GW of wind power globally. This includes Long An International Port complex. Long
Renewable energy, according to Black & providing lead technical advice for over An International Port is one of the biggest in
Veatch’s Strategic Directions: Electric Industry 36,000 MW of wind power, development and Vietnam, and is currently being expanded to
Asia 2021 Report, is expected to experience execution support for over 19,500 MW of handle bigger vessels.
the most significant investment growth in new wind power, and over 1,200 MW of detailed Since its incorporation in 2012, GS Energy
generation capacity over the next three to five design for wind power. The company was has grown into a leading energy company via
years. recognised by leading source of infrastructure, the investment in and supply of oil, gas and
The Ia Pech 1 and Ia Pech 2 wind farms, power and renewable news, data and analysis renewable energy. It is participating in various
located in Ia Grai district of Gia Lai province, Information and SparkSpread as the top projects in the Middle East, North America
are examples of investments in Vietnam’s technical advisor by deal count for 2020. and Southeast Asia. It is involved in the LNG
renewable energy developments. BLACK & VEATCH chain from direct LNG trading, regasification
Dien Xanh Gia Lai Investment Energy and storage terminals, to electricity generation
Joint Stock Company, the developer of the la and district heating businesses.
Pech wind farms, has engaged Black & Veatch GAS-FIRED GENERATION Founded in 2003, VinaCapital is one of
as the Owner’s Engineer for both wind farms. Vietnam’s leading investment management
Each Ia Pech wind farm project will have a GS Energy joint venture and real estate development firms, with
capacity of 50 megawatts (MW). $3.3bn in assets under management. The
“Black & Veatch is actively engaged in to build LNG-to-power firm covers the full range of traditional and
Southeast Asia’s energy transition, drawing alternative asset classes, including listed
on our global expertise and local experience. complex in Vietnam equity, private equity, venture capital, fixed
With capabilities and expertise spanning the income, and real estate.
entire project life cycle and across generation, A joint venture between South Korea’s GS
transmission and distribution technologies, Energy and Vietnamese asset manager
we have been partnering with power VinaCapital has received an investment
producers around the world to deploy reliable certificate to proceed with the construction FUELS
and forward-looking renewable energy of an LNG-to-power complex in southern
solutions,” said Narsingh Chaudhary, Black & Vietnam’s Long An province. GS Energy, the MOL and Kyushu Electric
Veatch’s Executive Vice President & Managing biggest private power generation company in
Director, Asia Power Business. South Korea, will build and operate the plant. Power sign fuel supply
As the Owner’s Engineer of the la Pech Long An I and II will each comprise
wind farms, Black & Veatch will undertake a 1,500MW gas turbine, with total costs agreement
services including project management, estimated at $3bn. Construction is expected to
Japanese shipping firm Mitsui OSK Lines
(MOL) has signed a basic agreement with
Kyushu Electric Power (Kyuden) for the
supply of liquefied natural gas (LNG) for two
LNG-fuelled ferries, namely the Sunflower
Kurenai and the Sunflower Murasaki.
Japanese shipping firm Mitsui OSK Lines
(MOL) has signed a basic agreement with
Kyushu Electric Power (Kyuden) for the
supply of liquefied natural gas (LNG) for two
LNG-fuelled ferries, namely the Sunflower
Kurenai and the Sunflower Murasaki.
These two ferries, which happen to be
the country’s first LNG-fuelled ferries, will
be operated by MOL Group firm Ferry
Sunflower.
The supply of LNG fuel will commence at

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