A Thai state-owned group is seeking investment opportunities to plug gaps in three major power projects in Vietnam. In talks with Minister of Industry and Trade (MoIT) Vu Huy Hoang last week, EGAT International Company governor Sutat Patmasiriwat said the firm was interested in building the 1,200 megawatt coal-fired Nghi Son thermopower plant 2 at [...]
Vietnam Electricity plans to now base its monthly pricing by adjusting to the fluctuating costs of such factors as the US dollar exchange rate, changing fuel prices and also the power output level from its plant. Before the 20th of each month, Vietnam Electricity (EVN) will calculate the average power price as against its current [...]
Power prices will be adjusted every quarter instead of every year, beginning September 1, according to a new circular issued by the Ministry of Industry and Trade. The circular followed the Prime Minister’s Decision No 24, dated April 15, on adjusting electricity prices in accordance with market mechanisms. Accordingly, power tariffs would be calculated and [...]
Two wind energy turbines with Russian technology namely YnS-V will be applied and built in Can Gio Dist, HCM City with total estimated cost of 60 billion dong, the Saigon Tiep Thi newspaper reported. In details, HCM City will cooperate with Russian partners to pilot YnS-V wind power energy technology costing 50% lower than current [...]
The Ministry of Industry and Trade will allow the adjustment of power prices once per every quarter beginning from September 1, instead of the annual changes as current. According to the ministry’s recent circular, any price adjustment should be made public. State-owned Electricity of Vietnam (EVN) should check production costs that affect power prices 10 [...]
Thailand’s top energy firm, PTT Pcl , said on Friday it had signed an agreement with affiliate IRPC Pcl to look into investing about 6 billion baht ($200 million) in a solar power plant with capacity of 50-90 megawatts. PTT said in a statement it would take six months to complete the study and it [...]
HCM city Power Corporation (EVNHCMC) reported that in Jan-July, the city saved over 232.8 million kWh of electricity cost, equalling to 325.7 billion dong. The saved volume of electricity accounts for 2.73% of electricity consumption (more than 8.513 billion kWh) in the period. In which, the city saved 46.50 million kWh in public lighting electricity, [...]
HCM City plans to promote strongly the development of renewable energy over the next decade. The municipal Department of Industry and Trade has completed a power development plan up to 2015 with a vision to 2020, in which particular focus is given to the wind and solar power generation, as well as generating power from [...]
Unlike the previous years, in the first seven months of 2011, the Electricity of Vietnam (EVN) did not buy all the electricity volume offered by domestic independent power producers (IPP). However, it still purchased power from BOT (build-operation-transfer) investors and from China in accordance with the signed contracts. Who are the priority sellers? The Vietnam [...]
Many families and businesses have started using energy-saving products to cope with the soaring prices of electricity, petrol, and gas. However, there remain certain snags in developing renewable energy in Vietnams. Innovations Many innovations have been introduced in response to the energy-saving campaign launched by the Ho Chi Minh City Power Corporation. The family of [...]
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