Daelim has won a project worth approximately USD 345 million (Construction Business Division stake: about USD 285 million or KRW 320 billion) to build Vietnam’s O Mon Thermal Power Plant Unit 2 on August 16. This project is being implemented to meet the power demand in Vietnam, which is plagued by power shortage due to the recent rapid economic development. The project was ordered by Can Tho Thermal Power Plant, a subsidiary of EVN (Electricity of Vietnam).

Daelim is scheduled to construct one unit of 330MW gas and oil thermal power plant for power generation during a 36-month construction period in O Mon region, Can Tho Province around Mekong River Delta southeast of Vietnam. The company will be in charge of the supply, construction, and test run of the power block, including detailed engineering that involves basic engineering – regarded as a high value-added, advanced plant area -- in addition to the boilers and main equipment of the power plant.

Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea Co., Ltd., has won an order from Doosan Heavy Industries & Construction Co., Ltd. in South Korea to supply control systems for the Mong Duong 2 coal-fired power plant, which is being constructed in Quang Ninh Province in Vietnam.

The Mong Duong 2 coal-fired power plant, one of the largest power plants in Vietnam with a total output of 1,200 MW (two 600 MW units), is being constructed by AES-VCM Mong Duong Power Company Limited*, and its first unit is scheduled to start operation in August 2014. This order includes the CENTUM® VP integrated production control system for the power plant's boilers, turbines, and auxiliary facilities, and the ProSafe®-RS safety instrumented system for safely shutting down the plant if any abnormal conditions occur. The systems for the first and second units are scheduled to be delivered in January and July 2013, respectively. Yokogawa was able to win this order because of the high reliability of its control systems, Yokogawa Electric Korea's excellent engineering capabilities and Yokogawa's solid track record in the Vietnamese power plant sector.

Yokogawa Electric Corporation recently announced that its subsidiary, Yokogawa Electric Korea Co., Ltd., has won an order from Doosan Heavy Industries & Construction Co., Ltd. to supply a control system for an integrated gasification combined cycle (IGCC) plant. This is the first IGCC plant in South Korea and it is being constructed in Taean, South Chungcheong Province, by Korea Western Power Co., Ltd., a subsidiary of Korea Electric Power Corporation (KEPCO).

This IGCC power plant will have a total output of 300 MW. Following a commissioning period that will commence in December 2015, the plant will begin commercial operation. This order is for the CENTUM® VP integrated production control system, which will control the gasification section, a core plant facility. This order also includes the ProSafe-RS® safety instrumented system, which will be used to shut down the gasification section safely in the event of an emergency. Both systems will be delivered in December 2013.

IGCC is a promising next-generation power technology that relies on high temperature and pressure to convert coal to synthesis gas (syngas) for use in gas turbine generators. The exhaust from the turbines is sent to boilers to generate steam, and additional power is generated by steam turbines. This type of plant is thus more efficient than a conventional coal-fired power plant.

ZUG, Switzerland--(BUSINESS WIRE)--Aug. 1, 2012-- Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Samsung Engineering Co. Ltd. (Samsung) for a waste heat recovery unit for PTT Public Company Limited's (PTT) Power Generation and Heat Recovery project at the Map Ta Phut Industrial Complex in Thailand. Samsung is PTT's engineering, procurement and construction and pre-commissioning contractor for this project. In 2010, Foster Wheeler successfully delivered two similar waste heat recovery units to Samsung for PTT. The design for all three units is in accordance with applicable environmental standards.

Foster Wheeler will design, engineer and supply the waste heat recovery unit, including a selective catalytic reduction system and other associated equipment. Delivery of the waste heat recovery unit to site is expected during the third-quarter of 2013.