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Coal-fired power

Mining sector must push for greater implementation of technology

Mining sector must push for greater implementation of technology

Viet Nam must prioritise the development of its mining sector with a focus on the implementation of science and technology, particularly digitalisation technologies.
Power Plan VIII to remove more than 14 GW of coal-fired power

Power Plan VIII to remove more than 14 GW of coal-fired power

The Ministry of Industry and Trade (MoIT) has consulted the Government not to include 14,120 MW of coal-fired power in the national power master plan (PDP8) to achieve the goal of net zero emissions by 2050.
National Power Development Plan VIII paves way for renewable energy

National Power Development Plan VIII paves way for renewable energy

The National Power Development Plan for the 2021 - 2030 period, with a vision towards 2045 (PDP VIII) has taken into account the replacement of coal-fired power projects and those that are still pending.
National power development plan VIII targets drastic CO2 emissions reduction

National power development plan VIII targets drastic CO2 emissions reduction

The total capacity of power generation sources is expected to reach 146,000 MW by 2030, down about 35,000 MW compared to the version submitted on March 26, 2021. The peak capacity in 2030 is estimated at about 93,000 MW.
Japans Shikoku Electric buys 15 per cent equity in coal power plant project in Ha Tinh

Japan's Shikoku Electric buys 15 per cent equity in coal power plant project in Ha Tinh

Japan''s Shikoku Electric Power Company has paid more than 10 billion yen (US$87 million) to buy a 15 per cent stake in the Ha Tinh-based Vung Ang 2 coal-fired power plant project in Viet Nam.
Utilities stocks look promising in 2022 on bright business prospects

Utilities stocks look promising in 2022 on bright business prospects

The outlook of coal-fired power and renewable energy groups in 2022 is positive, especially coal-fired power plants in the north as they may benefit from water shortages in the coming months.
Govt works on stopping coal-fired power development after 2030

Gov’t works on stopping coal-fired power development after 2030

Viet Nam will not develop coal-fired power plants after 2030 to meet its international commitments on achieving net-zero carbon emissions by 2050.
MoIT to minimise new coal-fired power plants

MoIT to minimise new coal-fired power plants

Although the most recent draft of the National Power Development Plan actually increased the volume of coal-fired projects in Viet Nam, the Ministry of Industry and Trade (MoIT) has said it won''t consider developing any new coal-fired plants, to save the environment.
Power firms seek foreign funding as loans become expensive, hard to get

Power firms seek foreign funding as loans become expensive, hard to get

The quickest and most effective way to raise funding for power projects is to enter into an alliance with foreign investors, Nguyen Anh Tuan, general director of Phu Yen TTP Joint Stock Company, said.
Korean firm to build 1.85b thermal power plant in Quảng Trị

Korean firm to build $1.85b thermal power plant in Quảng Trị

South Korea’s Korea Western Power Co. (KOWEPO) plans to construct a 1,200MW coal-fired power plant in the central province of Quang Tri in 2018.
JAKS, CPECC to build coal-fired power plant

JAKS, CPECC to build coal-fired power plant

Malaysian pipe-maker JAKS Resources Bhd has signed an agreement with China Power Engineering Consulting Group Co Ltd (CPECC) to set up a joint venture to build a coal-fired power plant.
EU pours 19b into Viet Nam

EU pours $19b into Viet Nam

The capital city ranked first in the nation in attracting investment from European Union countries, with 357 projects worth US$3 billion, according to the Foreign Investment Agency (FIA).
Quang Binh calls for local, foreign investors

Quang Binh calls for local, foreign investors

The province is looking for investment in 37 projects from local and foreign businesses this year, according to the People''s Committee of Quang Binh.
Indonesian firm plans to invest in VN power stations

Indonesian firm plans to invest in VN power stations

Indonesia''s State-owned coal company PT Bukit Asam (PTBA) plans to invest in coal-fired power stations in Viet Nam while expanding their interests in coal mining and distribution in the country.
Power plant contract to be completed

Power plant contract to be completed

Japan''s Sumitomo Group has fast-tracked negotiations on a build-operate-transfer (BOT) contract for the Van Phong coal-fired power plant, and an agreement on the project is expected to be made with the Ministry of Industry and Trade in the first quarter of next year.