GE announced a new contract with Vietnamese state-owned power utility Power Generation Joint Stock Corporation 3 (EVN GENCO 3) to continue to supply parts and services for its Phu My 2.1 and 4 Power Plants. The two plants are located in the 3,900-megawatt (MW) Phu My Power Generation Center in the southern part of the country and provide approximately 10% of the country's energy needs. The five year service agreement includes the provision of new and reconditioning parts, and on-site services for four GE GT13E2 gas turbines and STF-D200 combined cycle steam turbine units, helping to increase EVN GENCO 3's power plants' safe and reliable operations and efficiency.

GE's GT13E2 Gas Turbines have been powering the two plants since 1997. GE upgraded the units to MXL2s over several years since 2016, resulting in an increased output of approximately 6% (from 440MW to 465MW), and improved efficiency levels from 51.8% to 53.7%. Despite the COVID-19 pandemic, in July, GE executed and completed a complex outage at the Phu My 4 power plant safely and on-time.

The outage was performed by EVN GENCO3 with remote support of GE Engineering and Technical Advisors, with an estimated savings of half million dollars of normal outage budget -and exceeded EVN GENCO 3's expectations. GE's GT13E2 gas turbine offers industry-leading efficiency. Its installed based of over 170 units operating in 35 countries cumulates over 14 million operating hours and generates 400 GW/h per day.

The turbine capability to operate in extremes conditions (from -50°C to +55°C) and its high utilization rate of about 5,000 operating hours per units per year on average demonstrates the engine success and reliability. GE has performed over 500 C-Inspections and installed 39 MXL2 upgrade on 13E2 machines. During the ceremony, an MoU was signed with EVN GENCO 3 as part of GE's commitment to supporting the growth of the country's power sector and human capital development.

The MoU envisages that GE will support training and capability building of EVN GENCO 3's personnel to perform field services related to steam turbine and generator equipment maintenance. GE and EVN GENCO 3 will also work together to explore collaboration for service opportunities related to steam turbine and generator equipment owned by EVN GENCO and other power generation companies. GE provides up to 27% of the Vietnam's electricity needs, where there is an installed power generation capacity of about 55GW.

GE currently has a fleet of 25 gas turbines and 7 steam turbines.