Power Machines signed a contract for Pleikrong HPP (Vietnam)

Power Machines signed a contract for delivery of equipment for Pleikrong HPP (Vietnam). The contract price amounts to 30 million US$. Financing will be carried out from the budget of the Customer - Electricity of Vietnam.

Power Machines won the contract by results of the tender in May, 2005. The main competitors of Power Machines in tender for Pleikrong HPP were DongFang Electric Corp (China) and Ukrinterenergo (Ukraine) but the terms proposed by Power Machines turned out to be more favorable for the Customer.

Power Machines will design, manufacture, supply, assemble and commission the equipment for the machine hall (2 power units x 55 MW) on the “turn-key” basis.

Main equipment for the plant (2 Kaplan turbines with governors and 2 hydrogenerators with excitation systems) will be manufactured at Power Machines plants.