Toshiba has won a contract from Doosan Heavy Industries and Construction (Doosan) of Korea and Mitsubishi Corporation of Japan for a coal-fired power generation project in Vietnam.
Under the contract, Toshiba will supply two 600MW super-critical steam turbines and generators (STGs) for the Vinh Tan 4 Thermal Power Plant in Binh Thuan Province.
Doosan and Mitsubishi are members of the consortium awarded the engineering, procurement and construction (EPC) contract for the project.
Toshiba will start delivery in 2015 and the first unit of the plant will start operation in 2017.
The award of the contract is based on Mitsubishi and Doosan's positive evaluation of the performance and reliability of Toshiba's STGs in coal-fired thermal plants, including those installed in Vietnam's Vung Ang 1 Thermal Plant in Ha Tinh Province, and Thai Binh 2 Thermal Plant in Thai Binh Province.
Power demand in the country is rising fast, driven by strong economic growth. The government is responding with an expansion plan that it will raise generating capacity from 26.8GW in 2012 to 75GW in 2020, and to 146.8GW by 2030. Construction of power plants to meet these targets, most of them coal-fired, is currently underway.