Vietnam plans to invite foreign and domestic companies to construct 15 power plants with the total capacity of 11,776 MW, the country's biggest power producer and sole distributor said Monday. The state-owned Electricity of Vietnam (EVN) has just proposed the Industry Ministry encourage investors to pour money into building the plants in the form of independent power producers. The country's electricity demand will increase 14-15 percent annually in the 2006-2010 period, EVN said, stressing that the corporation's financial sources are limited. … [Read more...] about Vietnam calls for investment in power plant construction
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VietNamNet Bridge - Vietnam is one of the few countries in Southeast Asia investing in nuclear energy. The total energy demand in Southeast Asia is estimated to increase by 83% from 549 Mtoe in 2011 to 1,004 Mtoe in 2035. FPT Securities JSC (FPTS) said the growth of regional energy demand will slow down from an average of 3% per year in the period of 2011-2020 to 2.3% per year in the period of 2020-2035. In particular, nuclear energy will play an insignificant role in the energy structure of the region in the period 2011 - 2035. This reflects the complexity in developing nuclear energy programs. Most countries in the region are not keen on planning nuclear power in their long-term development strategy. In fact, nuclear energy is not currently used in any Southeast Asian country. However, as energy security has always been at the forefront, the countries in the region must think of this energy source in the future. FPTS also forecasts that in ASEAN Vietnam is likely to be the … [Read more...] about Will Vietnam have the first nuclear power plant in Southeast Asia?
Deputy Trade Minister Cao Quoc Hung said Thursday. … [Read more...] about Vietnam delays construction of first nuclear power plant
The plant, based in the northwestern province of Son La, achieved a gold award titled the Fast-Track Power Plant of the Year and two other prizes - Hydro Power Project of the Year and the Power Utility of the Year. The work was also voted as one of the country’s ten outstanding science and technology events of 2012 by the Vietnam Science and Technology Journalists’ Club. In addition to the Son La Hydroelectric Power Plant, Vietnam’s Mong Duong coal-fired power plant also received two bronze awards in the Coal Power Project of the Year and the Fast-Track Power Plant of the Year categories. This year’s awards attracted the participation of 34 Asian power utilities during which 22 prizes were presented. The 2013 Asian Power Awards, held every year since 2005, aims to honour the region’s leading power companies for exceptional initiatives and projects in the power sector. With a total investment of VND60 trillion (approximately US$2.85 billion), the Son La … [Read more...] about Son La hydro-power plant wins Asian Power Awards
(VEN) - All power plants which participate in the competitive electricity production market are equal to each other. The operation of this market as well as the management of transactions in the market will be put under the strict supervision by the Electricity Regulatory Authority of Vietnam (ERAV) and the Ministry of Industry and Trade to ensure equality between the power plants. Vietnam Economic News' Phuong Lan spoke with Dang Huy Cuong, the director of ERAV, about the issue at a press conference on July 9. Under Prime Ministerial Decision 26/2006/QD-TTg, all power plants and organizations which are involved in operating the competitive electricity production market must be independent. But currently, the Electricity of Vietnam (EVN) Group is the only buyer and seller at all stages such as power generation, regulation and operation of the electricity market. So how can independence and transparency be ensured? Currently, all power plants and organizations that are involved in … [Read more...] about Ensuring equality for power plants