Tuesday, August 14, 2007

Vietnam's Lisemco outfits power plant in India

Lilama subsidiary outfits power plant in India

(13-08-2007)

HA NOI — Lisemco, a subsidiary of the Viet Nam Machinery Installation Corporation (Lilama), has shipped 3,000 tonnes of boiler equipment to India to be used in building the Barh STPP thermal power plant.

The shipment is the first batch under a US$45 million contract to supply 31,000 tonnes of equipment signed between Lisemco and project constractor TKZ Krasny Kotelshchik from Russia. The project has total requirements for 70,000 tonnes of equipment.

According to Lisemco, the contract, to be completed over the course of another year, is the largest the corporation has secured so far.

Lisemco director Tran Viet Khanh said manufacturing boilers required a complex and modern technology using specially-made steel. The manufacturing process was strictly supervised by TKZ.

In addition to manufacturing equipment for expansion of the Uong Bi coal-fired power plant, the Thang Long cement plant and Dung Quat oil refinery, Lisemco has signed several contracts with foreign partners. So far this year, Lisemco has exported around 10 batches of equipment worth more than $5 million. — VNS