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power sector
Update news power sector
Global emissions of greenhouse gases from the power sector are expected to peak in 2026, but will still be some way above levels needed to limit temperature rises in line with the Paris climate agreement,
Red tape thwarts energy investors
VietNamNet Bridge – More and more foreign investors are keen to enter
the power sector, but licensing remains tardy due to challenges related
to build-operate-transfer contracts, selling prices, and foreign
currency guarantees.
Power sector needs over VND17 trillion every year
VietNamNet Bridge – Vietnam will need more than VND17 trillion (some
US$805 million) each year from now to until 2020 to invest in
electricity projects as envisioned in the national power zoning plan.
Foreign investors eyeing Vietnamese power sector
VietNamNet Bridge – Not only power groups like Sembcorp, Tata Power,
Graham Bell and Associates Limited – GBA, but multi-field groups like
Samsung and Sumitomo are planning to pour capital into power projects in
Vietnam.
Foreign investors snub power generation sector
VietNamNet Bridge – Vietnam’s policy to purchase power at low prices
and hold a controlling stake in state-owned power projects has
discouraged many foreign investors in the power sector.
Hydropower dam owners ignoring safety checks to be fined
VietNamNet Bridge – Owners and operators of hydropower dams will be
fined VND150-200 million if they do not conduct routine safety checks,
