Therefore, Chairman of the provincial People's Committee Tran Tien Hung has just signed a document to submit to the Prime Minister and the Ministry of Industry and Trade to consider and approve the Ky Anh MK wind power plant project into the national electricity development plan for the period of 2011-2020 with a vision to 2030. … [Read more...] about Ha Tinh gives green light to 696.5 million-USD wind power plant
Energy security
Vietnam to face power shortages
A series of projects have been launched in accordance with a power master plan to meet the demand. The average growth rate of electricity sources from 2011-15 reached 13 per cent a year. However, from 2016-19 the growth of power source construction decreased significantly with a yearly average of only 8 per cent, of which the biggest decrease was hydropower (5 per cent) and coal thermal power (10 per cent). … [Read more...] about Vietnam to face power shortages
MoIT proposes overhaul of investment framework for power projects
Mustering the financial resources required to increase the country's energy supply, which was estimated at US$8-10 billion annually, has been difficult. State-owned enterprises have struggled financially, so the country must look to the private sector and foreign investors, who often require government assurances and other forms of assistance. … [Read more...] about MoIT proposes overhaul of investment framework for power projects
Viet Nam to face power shortages
It will also restructure the power sector in accordance with the development levels of the electricity market and continue to equitise generating units according to approved plans, while separating the cost of electricity distribution and retail businesses. It will separate the electricity market operator into an independent accounting unit under Viet Nam Electricity (EVN). … [Read more...] about Viet Nam to face power shortages
Ministry proposes overhaul of investment framework for power projects
The minister said his ministry had been working on a power development plan for the country which outlined steps to be taken to address these issues including increased efforts to attract FDI investment and seeking government support for BOT projects. The plan is to be submitted to the Prime Minister no later than this October. … [Read more...] about Ministry proposes overhaul of investment framework for power projects
