PRESS RELEASE 1 Nov 2011
Pöyry supports power supply development in northern Vietnam
PÖYRY PLC Press release 1 November 2011
Pöyry's Energy Business Group has won an engineering consultancy services assignment for the Mong Duong 1 coal fired power plant project stage 2 in Vietnam for Vietnam Electricity. The value of the assignment is EUR 8.0 million, and the project will be included in Pöyry's fourth quarter order stock.
The plant will have a net capacity of 1,000 MW with two power generating units. Pöyry's comprehensive assignment includes engineering design review, construction supervision, environmental monitoring, and monitoring of the resettlement plan implementation. Pöyry will also assist during the warranty period, transfer know-how, and provide training activities. The duration of these services is 71 months.
The Mong Duong 1 project is an important part of Vietnam's efforts to reduce power shortages, especially in the northern part of the country. The project will increase the capacity of thermal power generation in the region and thus help stabilize the power supply, especially during the dry season. In terms of its environmental and social impact, the project is designed to meet the requirements of the Asian Development Bank.
Ari Asikainen, President, Energy Business Group, Finland
Tel. +358 10 33 24476
Petteri Härkki, President Asia Pacific, Energy Business Group
Tel. +66 2 657 1000
Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility, and water & environment. Pöyry has 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2010 were EUR 682 million and the company's shares are quoted on NASDAQ OMX Helsinki. (Pöyry PLC: POY1V).