PETROVEITNAM NHON TRACH 2 POWER JOINT STOCK COMPANY

NHON TRACH 2 - 750 MW COMBINED CYCLE POWER PLANT PROJECT

Monthly Progress Report July 2009

Client Petrovietnam Nhon Trach 2 Power Joint Stock CompanyTitle Monthly Progress Report July 2009Project Nhon Trach 2 Combined Cycle Power ProjectPhase Project ImplementationProject No. 9A000069.30External distribution ClientInternal distribution PMC Project FilesAuthor / position Max Stoessel, Project Manager.

Contents

1 INTRODUCTION...............................................................................................3

2 EXECUTIVE SUMMARY...................................................................................3

3 OVERVIEW OF ACTIVITY................................................................................3

4 PROJECT STATUS...........................................................................................3

4.1 General................................................................................................................................. 3

5 OVERALL PROJECT SCHEDULE...................................................................3

6 MANNING SCHEDULE.....................................................................................4

7 WORK RECORDS.............................................................................................4

7.1 Timesheets................................................................................................................................. 4

8 HEALTH, SAFETY AND ENVIRONMENT........................................................4

9 FINANCIAL / INVOICE STATUS.......................................................................4

9.1 PMC............................................................................................................................................ 49.2 LILAMA AND PVC......................................................................................................................4

10 KEY ACTIVITIES AND CONCERNS IN COMING MONTH..............................4

10.1 Site............................................................................................................................................. 410.2 Design and Engineering.............................................................................................................410.3 Procurement and Manufacturing.................................................................................................510.4 Construction............................................................................................................................... 510.5 Health and Safety....................................................................................................................... 5

Appendix 1 - Work Records

Appendix 2 - Invoice Status for July 2009

Appendix 3 - Document Review Database

1 INTRODUCTIONThis monthly report provides a record of activities, program for the project management service Phase of the Nhon Trach 2 Combined Cycle Power Plant Project.

The report presents project information for the month of July 2009.

2 EXECUTIVE SUMMARY

SIW ongoing and supervision underway

Site occupancy from PMC so design review all disciplines started.

3 OVERVIEW OF ACTIVITY The main activities in July were:

Fecon / Shanghai established on site as the Soil Improvement Work sub-contractor.

Continuing supervision of site activity related to Soils Improvement Works (SIW) being car-ried out by PECC2, PMC’s appointed site inspectors.

Vendor assessments of proposed new vendors from the contractor

Continuing review of Lot1, 2, 3 and 4 design works as follows

o Civil – Temp design documentation, structural, SIW, Gas, Oil, water & general layout docs.

o Elect – HV & Aux transformers, LV & MV motors

o Mech – Noise protection concept

o General – QA/QC, HSE & General layout docs reviewed.

Key events during the project month

Continuation of soil improvement works on site in all Zones.

4 PROJECT STATUS

PMC - Site Supervision Specific activity during the reporting month has been as follows:

4.1 General

Site Work: Please refer to section 3 for detail

5 OVERALL PROJECT SCHEDULE

5.1 Key Milestones

Start of Soil Improvement Works 24th April 2009

Effective date of EPC Contract 29th April 2009

Water required from Owner 27th May 2010

Fuel Gas required from Owner 20th November 2010

Fuel Oil required from Owner 2nd January 2011

GT11 Open Cycle PAC 1st March 2011

GT12 Open Cycle PAC 31st March 2011

Commercial Operation Date (COD) 30 October 2011 (from a 29 month EPC period)

Gas supply availability end November 2010 would allow a sufficient commissioning period for Open Cycle Operation in March 2011.

6 MANNING SCHEDULE

The PMC team continued as for the preceding month:

Stand in Project Manager (Mr. Max Stoessel based in Poyry’s Bangkok office)

Lead Civil Engineer

Project Secretary

PECC2 Civil Inspector

7 WORK RECORDS

7.1 Timesheets

The July timesheets are given in Appendix 1.

8 HEALTH, SAFETY AND ENVIRONMENT

Nothing to report

9 FINANCIAL / INVOICE STATUS

9.1 PMC

The status of invoices (to end of July 2009) is given in Appendix 2.

9.2 LILAMA AND PVC

Handled directly by PVNT2

10 KEY ACTIVITIES AND CONCERNS IN COMING MONTH

10.1 Site

Continuation of supervision of Soil Improvement Works

10.2 Design and Engineering

Continuation of detail design, engineering review and approval for civil, mechanical, electrical and C&I works.

10.3 Procurement and Manufacturing

Not applicable at the moment

10.4 Construction Soil Improvement works continuing

10.5 Health and Safety

Nothing to report.