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,