Vietnam Electricity (EVN) and the DEC-ENTEC-TTP Joint Venture—comprising Dongfang Electric International Corporation, ENTEC Energy Engineering Joint Stock Company, and Tam Thanh Phat Energy Engineering Joint Stock Company— on January 29 officially signed a contract for Package TB01-TAMR, which covers the supply of mechanical and electrical equipment for the Tri An Hydropower Plant Expansion Project in southern Dong Nai Province.
This is the project's primary equipment procurement package. Its scope includes the supply, inspection, and factory testing, as well as the transportation and on-site delivery of integrated core systems, including: hydraulic turbines, generators, excitation systems, governors, auxiliary mechanical and electrical equipment, main transformers, 220kV connection equipment, and related technical services.
The contract was awarded through an international open bidding process. The DEC-ENTEC-TTP Joint Venture was selected as the winning bidder based on their qualifications and experience, with a contract value of nearly VND1.113 trillion (nearly $43 million). The execution period for this package is 26 months.
The Tri An Hydropower Plant Expansion Project was approved by the Prime Minister under the Revised Power Development Plan VIII.
The project represents a total investment of VND3.965 billion (around $152 million), funded by 30% owner’s equity and 70% commercial loans. The entire project is slated for completion in the fourth quarter of 2027.
Once operational, the expanded Tri An Hydropower Plant will enhance the power supply capacity for the Southern region.
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