Thermal power plants in india

Allowing private investors to develop electricity transmission lines is expected to be the best solution to settle the electricity shortage. The Ministry of Industry and Trade (MOIT) has asked the Prime Minister to approve the Trung Nam – Thuan Nam solar power and electricity transmission line project. Ninh Thuan and Binh Thuan have the highest numbers of solar power plants, while the regional transmission network is weak, which has led to overloading. Reports show that many transformer stations and transmission lines have overloading of over 200 percent. Ninh Thuan and Binh Thuan have the highest numbers of solar power plants, while the regional transmission network is weak, which has led to overloading. Reports show that many transformer stations and transmission lines have overloading of over 200 percent. Linh Ha Change of direction for VN solar industry The country’s feed-in tariff has supported a boom for Vietnam’s solar sector, but now the Ministry … [Read more...] about Vietnam supports private investment in electricity transmission lines

Severe power shortages Following a Q&A session at the ongoing 8th plenary session of the National Assembly with burning questions on how to tackle power shortages, Minister of Industry and Trade Tran Tuan Anh earlier this week chaired an emergency meeting with relevant entities to mull over the power shortages and urgent solutions aimed to ease difficulties for key power projects. Vietnam reportedly faces a high risk of power shortages between 2019 and 2020, which would last until 2023. The settlement of such power shortages is a very urgent mission and there would be no more any delays, Minister Tran Tuan Anh noted. The ministry claimed in its reports sent to the Government and the National Assembly that power shortages are due to extreme weather conditions and a subsequent low water level in hydropower reservoirs, thus forcing the country to a decline in its primary energy resource production. Vietnam is estimated to import some 20 million tons of coal by 2020 and … [Read more...] about Drastic adjustments urged to tackle power shortages

Illustrative image (Source: VNA) Tokyo (VNA) - Hanwa Co., a Japanese firm trading in a wide range of products including steels and construction materials, has bought a 65-percent stake in a Vietnamese steel coil maker, according to NNA Japan. The move is said to capitalize on the growing demand for steel in Vietnam’s fast-growing northern region. Hanwa acquired the shares in SMC Hanoi One Member Co. from a major Vietnamese steel products wholesaler, SMC Trading Investment Joint Stock Co., effective August 21, the Osaka-based trading company said in a statement on August 30. They renamed the steel coil service subsidiary Hanwa SMC Steel Service Hanoi Co. The coil plant located in Hanoi is capable of processing 10,000 tonnes a month and is equipped with two large-sized slitters, which adjust the width of coils supplied by steelmakers, and one large-scale leveler among other machinery.  NNA quoted a Hanwa spokesman as saying that the deal is the company’s first … [Read more...] about Japan trader Hanwa buys 65 percent of Vietnamese steel coil plant

Vietnam's pharmaceutical import turnover is forecast to reach 50 per cent of the entire market According to statistics published by the General Department of Vietnam Customs, in the first 10 months of this year, the pharmaceutical import turnover was $2.54 billion, up 11 per cent on-year. The main import markets of Vietnam are countries in Asia, America, and Europe. In 2018, Vietnam spent $2.79 billion to import pharmaceuticals, a slight decrease against the $2.82 billion in 2017. As of the end of September, France became the country having the largest import turnover with $298 million, up 28.7 per cent on-year, followed by Germany with $241.5 million, up 6.84 per cent on-year. Especially, within three quarters, although the import turnover from Argentina was $11.01 million, but it saw an increase of 2.5 times or 149 per cent on-year. Besides, Bangladesh joined the list of import markets with the turnover of $15.64 million. According to a report published by Business Monitor … [Read more...] about Pharmaceutical import turnover may reach $3 billion by end of year

Defence Minister Ngo Xuan Lich (L) attends the ASEAN Defence Ministers’ Meeting Retreat. (Photo: VNA) Bangkok (VNA) – The ASEAN Defence Ministers’ Meeting Retreat (ADMM Retreat) opened in Bangkok on November 17. In his remarks, Thai Deputy Prime Minister Prawit Wongsuwan thanked the defence ministers and the ASEAN Secretariat office for supporting the country to complete its role as the ASEAN Chair in 2019, and particularly successfully organise the ASEAN defence ministers’ meetings. He spoke highly of the ASEAN member states’ positive roles in promoting security-defence cooperation within the bloc, contributing to the maintenance of ASEAN’s central role to effectively cope with regional challenges. The official expressed his hope that the meeting will serve as a venue for competent sides to exchange experience and opinions on defence and security issues, helping further boost collaboration in the field in the time ahead. As scheduled, … [Read more...] about ASEAN Defence Ministers’ Meeting Retreat opens in Thailand