Valmet to supply automation technology to Vietnam Oil and

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News Desk 2018
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Valmet to supply automation technology to Vietnam Oil and Gas Group's Long Phu 1 thermal power plant project in Vietnam

Valmet Oyj's press release on April 6, 2017 at 11:00 a.m. EET

Valmet will supply automation to Vietnam Oil and Gas Group's (PetroVietnam) Long Phu 1 thermal power plant project in Long Phu District, Soc Trang Province, Vietnam. The order was placed by OJSC Power Machines (Power Machines), St. Petersburg, Russia, as the general contractor and consortium leader for the project and Valmet's value-added reseller.

The order was included in Valmet's fourth quarter 2016 orders received. The value of the order will not be disclosed. The order value of this kind of automation system deliveries ranges from EUR 3 million to EUR 6 million. The systems will be handed over to the customer in October 2018 and February 2019.

The Long Phu 1 thermal power plant currently under construction will feature two 600 MW coal-fired boilers supplied by Power Machines that run with Valmet's automation technology.

"The energy market in Vietnam, as well as in Southeast Asia as a whole, is highly promising for Power Machines. Long Phu 1 is one of the biggest foreign thermal power plants built by Power Machines within the consortium under the terms of a turnkey contract," says Denis Ryabkov , Deputy Chief Engineer of the Long Phu 1 project at Power Machines.

"Valmet has had a cooperation agreement with Power Machines since 2010. We have successfully carried out joint projects and automated many hydroelectric power stations, thermal power plants and combined heat and power plants with Power Machines. The Long Phu 1 project will further strengthen our relationship," says Sergey Filippov , Sales Director, Power, Metal and Marine Industries, Automation, Russia, Valmet.

Valmet will supply automation for the Long Phu 1 thermal power plant currently under construction in Long Phu District, Soc Trang Province, Vietnam

Details about Valmet's delivery

Valmet's delivery includes two Valmet DNA automation systems and a burner management system, a boiler protection system, an information management system and an interface with PLCs for each unit as well as the engineering, factory acceptance testing, commissioning and training. Included are also energy performance applications, such as boiler performance monitoring, a DNA Sootblowing Manager application, continuous emission monitoring, combustion optimization and advanced boiler controls.

The overall number of hardware I/Os will amount to 28,400 and about 40 operator stations will be included in the system.

Information about the end customer Vietnam Oil and Gas Group (PetroVietnam)

Vietnam Oil and Gas Group (PetroVietnam) is a state-owned company. The Long Phu 1 thermal power plant project is one of three projects of the Long Phu - Soc Trang power complex. With a capacity of around 1,200 MW for the national power grid, the plant will speed up the local socio-economic development.

VALMET Corporate Communications

For further information, please contact: Sergey Filippov, Sales Director, Power, Metal and Marine Industries, Automation, Russia, Valmet, Mobile: +7 (921) 9424556, Tel. +7 (812) 3334011 (Ext. 112)

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Read more www.valmet.com , www.twitter.com/valmetglobal

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...4d50100a2a

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