On June 3, in Hanoi, Vietnam Electricity Group (EVN), Power Project Management Board 3 (EVNPMB3), and the winning contractor consortium held a contract signing ceremony for Package XL04-TAMR: Construction and installation of the Tri An Hydropower Plant Expansion Project in Dong Nai province.
Attending the Contract Signing Ceremony, on the side of EVN’s leadership, were Mr. Nguyễn Anh Tuấn - General Director, along with members of the Board of Members and Deputy General Directors of the Group. On the side of the construction contractors, representatives from six companies forming the contractor consortium were present, including: Lung Lo Construction Corporation (Lead Member), Song Da Corporation - JSC, SCI E&C JSC, Construction Joint Stock Company No. 47, Truong Son Construction Corporation, and LILAMA 10 JSC. Representatives from the commercial loan arrangers - the German Development Bank (KfW) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) - were also present.
Tri An Hydropower Plant Expansion Project in Dong Nai Province (“Project”) was approved by the Prime Minister as part of the National Power Development Plan for the period 2021 - 2030, with a vision to 2050. The project is invested by EVN and directly managed by EVNPMB3, with a total investment capital of VND 3,965 billion, an installed capacity of 200 MW (including 2 units x 100 MW). The financing structure includes approximately 30% equity capital from the Employer and 70% commercial loans from KfW and BIDV. The planned commissioning schedule is: Unit 1 in Q3/2027, Unit 2 in Q4/2027, with overall project completion expected in Q4/2027.
Package XL04-TAMR is the main package of the Project with the main scope of work including: Inlet channel, water intake gate, penstock, powerhouse; discharge channel, grid connection to the existing power system, and temporary structures serving construction.
In order to promote the internal strength of domestic enterprises, this package was organized to select contractors through the form of open domestic bidding via the Internet. The contractor with the capacity and experience selected for the award is the consortium of Package XL04-TAMR with a contract price of 1,451 billion VND, contract implementation period of 960 days, in which the progress of generating electricity for Unit 01 is on 30 September, 2027, generating electricity for Unit 02 and completing the entire project on 31 December, 2027.
Speaking at the ceremony, the leader of EVN said that this is one of the key projects of EVN to be deployed in 2025. During the investment preparation and implementation of the project, EVN has received attention and close direction from the Government, the Ministry of Industry and Trade, the Ministry of Finance, along with the support and close coordination of the Provincial People's Committee and departments and branches of Dong Nai province to develop a construction organization plan, select suitable contractors, and ensure requirements on safety, progress, and quality of the project. EVN assigned the EVNPMB3 and the consortium of Package XL04-TAMR to manage and execute the project, ensuring full compliance with regulations on quality, occupational safety, and environmental protection, while mobilizing resources and equipment to accelerate progress and strive for timely project completion.
The contract signing ceremony for the construction package of the Tri An Hydropower Plant expansion project is an important premise for the Project Management Board and the Contractor Consortium to carry out site preparation work, organize the implementation of related items of the project, and strive to ensure the project commencement schedule on the occasion of the 80th anniversary of the August Revolution and National Day September 2.
Tri An Hydropower Plant Expansion Project
Employer: Vietnam Electricity (EVN)
Project management and operation representative: Power Project Management Board No. 3 (EVNPMB3)
Construction site: Hieu Liem Commune, Vinh Cuu District, Dong Nai Province
Total investment: VND 3,965 billion
Groundbreaking: Q3/2025
Unit 1 COD: Q3/2027
Unit 2 COD: Q4/2027
Expected project completion: Q4/2027
Source: EVN Official Website (https://www.evn.com.vn/d/vi-VN/news/Le-ky-hop-dong-goi-thau-thi-cong-xay-lap-cong-trinh-Nha-may-Thuy-dien-Tri-An-mo-rong--60-142-503043)
