Latest News about power
Bui Van Kien, deputy director general of the National Power Transmission Corporation (EVNNPT) under Vietnam Electricity (EVN), talks about the risks of falling behind schedule on the North-South 500kV power line in the central region.
The national electricity plan for the 2011-2020 period with a vision toward 2030 or the seventh electricity plan has failed to meet progress requirements,
The first solar panel, which was invented by French physician Alexandre Edmond Becquerel in 1839, has become a significant watershed for the energy sector in the future.
Experts forecast Vietnam’s wind power sector would further grow in line with the Government’s stronger regulatory support announced recently and rising investor interest, which has strengthened the project pipeline.
While the renewable energy industry found favor among many foreign firms and foreign investment funds in the past, now, local players have become increasingly active,
Vietnam needed to develop policies to encourage investments in waste-to-energy, also called bioenergy, which would significantly contribute to protecting the environment, experts have said.
The Ministry of Industry and Trade has requested that relevant agencies and other ministries to formulate new plans in order to improve the current structure of residential electricity price tables to reflect economic growth and increased usage.
Vietnam is diversifying its sources of power in the direction of reducing coal-fired power and raising the share of renewable energy and liquefied natural gas-based power, creating a new race for investors.
Electricity of Vietnam (EVN) have signed five contracts to buy electricity from two Lao firms in the 2021-2022 period following Prime Minister Nguyen Xuan Phuc’s approval.
Of the total 127 projects, up to 89 solar power facilities with a total capacity of roughly 4,530 MW have been put into commercial operation, generating 30 million kilowatt hours of electricity each day.
SCIC wishes to fully divest its 11.42 per cent holding in Quang Ninh Thermal Power JSC at double the market price, expecting to collect $53.04 million.
The Indonesian state-owned electricity company PLN yesterday signed a memorandum of understanding with its Malaysian counterpart, Tenaga Nasional Berhad (TNB), to begin a feasibility study on exporting 600MW of power to the neighbouring country.
The Ministry of Industry and Trade (MoIT) will be checking electricity production and business costs of Vietnam Electricity (EVN) from last year.
Four former leaders of the State-run Vietnam Shipbuilding Industry Group (Vinashin), now the Shipbuilding Industry Corporation (SBIC), have been charged with “abusing position and power to appropriate assets”.