Evn

The development of intensely hot weather on a large scale in the North and Central regions since mid-June has been causing the national electricity consumption to climb sharply. According to data from the National Load Dispatch Center, at noon on June 21, the national electricity consumption capacity exceeded 45,000 MW for the first time and set a new record high of 45,528 MW. In addition, the electricity consumption capacity of the North alone also hit a new record with a peak capacity of 22,330 MW at noon on June 21. According to the EVN, compared to the average level of the previous week, the peak capacity of the national power system on June 21 has increased by more than 6,500 MW. In the North alone, peak capacity has risen by more than 5,200 MW, or nearly 31% compared to the average of the previous week. Compared to the peak in 2021, the national electricity consumption capacity on June 21 is roughly 3,100 MW higher, and the Northern peak capacity is also nearly 1,400 MW higher. … [Read more...] about EVN warns of electricity failure due to hot weather

Illustrative image (Photo: AP) Vientiane (VNA) – The Lao government is focusing on implementing an array of hydropower projects nationwide to increase its electricity exports to regional countries, including Vietnam and Cambodia. Laos has signed contracts with Vietnam Electricity (EVN) covering 25 projects with a combined capacity of 2,180 MW, of which Sekaman 1, Sekamansanse and Sekaman 3 already have a total capacity of 572 MW. With an accumulative capacity of 1,608 MW, the remainders are scheduled to be put into operation and supply electricity for Vietnam from 2022-2025. The two countries have also reached memoranda of understanding on other projects, helping to push total electricity output expected to be exported from Laos to Vietnam to 8,148 MW by 2030. Apart from Vietnam , Laos has also exported electricity to Cambodia , with a volume of 445 MW, which is scheduled to reach 6,000 MW by 2030. Thailand, China and Singapore have also imported power … [Read more...] about Laos boosts electricity exports to Vietnam, Cambodia

Nam San 3A hydropower plant was initially owned by Lao-based Phongsubthavy Group but was sold to Thai BCPG Niwat Adirek, president and CEO of BCPG, disclosed that the company had achieved more than 90 per cent progress on the construction of the 220-kV transmission line project, Nam Tai, in Laos. The Nam Tai project is planned to connect with the transmission line of Electricity of Vietnam (EVN) to transmit electricity generated from BCPG’s two hydropower plants in Laos, Nam San 3A and Nam San 3B, to Vietnam this September. “The Nam Tai transmission line project has the capacity to transmit 800 MW electricity generated from hydropower plants in Northern Laos to Northern Vietnam. In the first phase, we will focus on transmitting 114 MW of electricity from our two hydropower plants, which we have already achieved a Power Purchase Agreement with EVN, to Vietnam. In the next phase, we plan to provide transmission line service to new green power plants nearby, which are now under … [Read more...] about Bangchak Corporation will sell electricity for Vietnam from September

The input price of imported liquefied natural gas (LNG) fluctuates between 15-20 cents/kW while the saleable electricity price is currently 6-7 cents/kW only. This will be an obstacle in the future because Electricity of Vietnam (EVN) will have to buy high and sell low. Despite the mandatory use of the standard form wholesale market power purchase agreement (PPA), complete with untenable fuel cost pass-through clauses being imposed on would-be LNG project sponsors, the market will never accept the proposition. Prime Minister Pham Minh Chinh questioned why the latest draft of the Power Development Plan VIII (PDP8) seeks to effectively block any new solar power projects until 2030, since “solar power costs are getting cheaper and cheaper, and energy storage battery technology is becoming more advanced at more acceptable pricing”. The LNG gas power project is scheduled to start construction in the second quarter of 2022 According to calculations by the Ministry of … [Read more...] about Developers expect smoother LNG policy planning

Two workers of Vietnam Electricity (EVN) are inspecting an electricity facility. EVN took out an unguaranteed foreign loan of 80 million euros in March to develop new grids in the South. — Photo baochinhphu.vn As the State Bank of Vietnam is gathering comments on a draft amending Circular 12 on eligibility requirements for unguaranteed firms to take out foreign loans, the Vietnam Chamber of Commerce and Industry has suggested several modifications to the document. The draft requires borrowers which are not credited institutions or branches of foreign banks to inform the authorities about all their business activities when applying for a foreign loan. VCCI believes full disclosure is unnecessary and suggests the borrowers be required to disclose only those business activities that are relevant to the loan. The draft also requires borrowers to inform the authorities about their outstanding foreign loans and show that they qualified for the loans at the moment they were granted to … [Read more...] about VCCI comments on draft amending Circular 12

Sabeco's beer production line. The beverage producer is not on the divestment list of SCIC this year. (Photo courtesy of Sabeco) Hanoi (VNS/VNA) - In 2022, the State Capital Investmevnt Corporation (SCIC) is expected to divest from 101 member companies. In the list of divestments this year, large enterprises such as Tien Phong JSC, Bao Viet Group, Sabeco, Vinatex and FPT Corporation, are not mentioned. However, it does include many notable companies, including Hai Phong Thermal Power JSC, Binh Minh Plastic JSC, Vinaplast Corporation, Seaprodex, EVN TPC Quang Ninh, Viettronics Corporation, CoTraco Quang Ninh, Vinacontrol, FICO, Thăng Long JSC, VIWASEEN, and Licogi. Recently, SCIC divested from Vinh Long Real Estate JSC, Saigon Machinery Spare Parts JSC, Thang Long JSC, and Ben Tre Construction Material JSC. Of which, the auction of Thang Long JSC’s shares could not take place due to a lack of investors. SCIC will auction a lot with a volume of more than 2 million VXB … [Read more...] about SCIC has no plans to divest from large enterprises this year

Koos Neefjes - Director, Climate Sense Ltd. A lot of agricultural production can improve in greenhouses for vegetables, flowers, and ornamental plants. You can control insects and therefore reduce or eliminate the use of insecticides, and you can reduce the amount of water consumed, harvest rainwater, and control drainage for treatment and reuse. Circular economy techniques are also easy to apply, including the composting of residues. Many of the techniques to increase production and product quality in agriculture or aquaculture require energy, including water pumping, lighting, aeration of aquaculture ponds, and storage of produce. Many flowers, fruits, and vegetables can benefit from protection from the harshest rainstorms, strong sunshine, and heatwaves. That is not just about mushrooms, orchids or coffee, which require shade, but also about all sorts of herbs and cucumber or squash. My company, together with a non-governmental organisation and research institutes, has set up … [Read more...] about Ensuring both clean and profitable agricultural energy

Smart EVN, developed by the Electricity Vietnam’s Information and Communication Technology Company (EVNICT), was recently presented the 2022 Sao Khue Award by the Vietnam Software Association (VINASA) for organizational and corporate management and governance. Smart EVN, developed by EVNICT, was recently presented the 2022 Sao Khue Award by VINASA Smart EVN was developed to serve internal company governance by connecting with its internal systems to provide employees with information, improving work efficiency and productivity, building a number of additional modules on EVN's internal information systems to ensure that when integrated with Smart EVN, they will provide complete features on mobile devices and web platforms. With two versions for mobile app and web, Smart EVN integrates main modules such as correspondence, documents, work timesheets, scoring, income, travel register, personnel, training, weekly work schedule, and medical care, among others. Smart EVN … [Read more...] about Vietnamese technology firms provide digital transformation solutions