Nhan Dan - The Vietnam Machinery Installation Corporation (LILAMA) and Hyundai Engineering and Construction Co., Ltd. (HDEC) from the Republic of Korea, signed a machinery manufacturing and installation contract in Hanoi on December 14 for Mong Duong 1 Thermo-power project. … [Read more...] about Contract signed for Mong Duong 1 Thermal-power plant
Thermal power plants
Vietnam firms team up to build new thermal power plant
State-owned Vietnamese engineering firm Lilama has tied up with two other companies, including a foreign joint venture, to build a thermal power plant in the central Ha Tinh province. Lilama signed an agreement with the Refrigeration Electrical Engineering Corp. and OneEnergy Limited, a joint venture between Hong Kong's CLP Holdings and Japan's Mitsuibishi Corp, to set up the Vung Ang 2 Thermal Electricity Joint Stock Company which will build the plant. It has a chartered capital of VND3.2 trillion (US$200 million). … [Read more...] about Vietnam firms team up to build new thermal power plant
Vietnam rushes to import coal to feed thermal power plants
VietNamNet Bridge - Facing a lack of coal for power generation, Vietnamese state-owned enterprises are rushing to look for foreign coal suppliers.Deputy General Director of the Electricity of Vietnam (EVN), noted that enterprises are importing coal themselves to run thermal power plants instead of relying on the Vietnam Coal and Mineral Industries Group (Vinacomin), the only domestic coal supplier. … [Read more...] about Vietnam rushes to import coal to feed thermal power plants
Higher coal prices pile pressure on thermal power plants
Van Nam Earlier this year, Vietnam National Coal and Mineral Industries Group (Vinacomin) revised up its coal prices by 4-10% for the coal-fueled power plants in operation. Vinacomin's deputy general director Nguyen Van Bien said the higher coal prices for electricity generation could offset rising production costs for the group. The group has not regained lost revenues after the price adjustment on January 1 this year. Bien noted that the production cost of coal would go up if Vincomin had to exploit the fossilized fuel at greater depths in the future. However, representatives of many coal-fired power plants bemoan the current selling price of coal as it has impacted their electricity production costs, especially in the dry season when those plants are running at full steam. Ha Quang Gioi, deputy general director of Haiphong Thermal Power Joint Stock Co., told the Daily that coal made up 50% of the plant's operating costs. At present, four generators of this 1,200-MW … [Read more...] about Higher coal prices pile pressure on thermal power plants
Hai Duong Thermal Power Plant Project needs accelerating
The Minister of Industry and Trade has worked in Hai Duong on the implementation of the Project for Construction of Hai Duong Thermal Power Plant. Mr. Vu Huy Hoang, Minister of Industry and Trade, on the morning of 15 August worked in Hai Duong on the implementation of the Investment Project for Construction of Hai Duong Thermal Power Plant. The project of Hai Duong Thermal Power Plant, whose investor is Hai Duong Jaks Power Co., Ltd. (BOT company), is being carried out on an area of about 400 ha in the communes of Quang Trung, Phuc Thanh, and Le Ninh (Kinh Mon) with a total investment of over USD2.258 billion. Up to 21 June, the Department of Natural Resources and Environment sufficiently handed over 1,154,269.8 m2 of leased land in the first location to the BOT company for management and use (about 7 months ahead of agreed time). The Hai Duong Jaks Power Co., Ltd. has contracted with some contractors for building the main plant, including embanking the enclosing edge, … [Read more...] about Hai Duong Thermal Power Plant Project needs accelerating