Vietnam has held a consistent view on peaceful and responsible use of nuclear power while ensuring power security and safety, said MST deputy minister and director of Nuclear Power Department, Le Dinh Tien. An international conference on global nuclear power development and security in 2012 was held here Tuesday by the Vietnamese Ministry of Science [...]
Till the end of 2011, the Electricity of Vietnam (EVN) owed total 14 trillion dong of electricity purchase cost to PV Power, an affiliate of Vietnam Oil and Gas Group (PetroVietnam). In which, 2 trillion dong was late payment of interests. PV Power’s General Director Vu Huy Quang confirmed this information at the conference to [...]
Vietnam affirms its consistent policy on the responsible use of nuclear energy for peaceful purposes while ensuring security and safety, said Deputy Minister of Science and Technology Dr. Le Dinh Tien. Dr Tien made the statement in Hanoi on January 17 at an international conference on nuclear power, discussing the development of nuclear power in [...]
The current 5% increase in the electricity prices will lead the consumer price index (CPI) to accelerate by 0.369%, the Minister of Finance Vuong Dinh Hue said in an online conversation this afternoon. The electricity price hike will affect CPI increase in two rounds, the minister said when answering the question of how the electricity [...]
Three cooperation agreements on the development of big scale thermo power plants in the central and southern regions have been signed in the last half a month, which can show the big interests of investors in thermopower projects. Just after several days after the decision to increase the electricity price by five percent was announced [...]
Tata Power, India’s largest integrated private power company, is ready to plug into Vietnam’s cash-strapped power sector. Menesh Dave, head of Tata Power business development for ASEAN, said his firm was excited by Vietnam’s power sector following a meeting with Prime Minister Nguyen Tan Dung and state giants Vinacomin, PetroVietnam and Electricity of Vietnam last [...]
Electricity of Vietnam (EVN) has recently retained its electricity loss in 2012 at 9.5 percent, remaining unchanged from 2011 (also at 9.5pct), the Vietnamese Ministry of Industry and Trade cited EVN’s business and production plan and development investment in 2011-2015 period, as saying. In addition, in 2013, the group estimated the electricity loss would increase [...]
Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries, has signed an agreement to explore the feasibility of developing a 1,200 megawatt coal-fired power plant in Vietnam. The memorandum of understanding was signed with the People’s Committee of Quang Ngai Province on Thursday. Sembcorp said the proposed development could be located in Dung Quat Economic Zone, [...]
Prime Minister Nguyen Tan Dung confirmed that Vietnam is determined to build nuclear power plants, otherwise the country will be in serious shortage of power. Attending the recent year-end meeting of the Ministry of Science and Technology (MoST), one of the missions that the PM emphasized and asked the MoST to quickly implement, is compiling [...]
In 2011, the Electricity of Vietnam EVN incurred the loss of 3500 billion dong instead of 11 trillion dong as previously forecast. Analysts said that the low cost electricity from hydropower plants really have “rescued EVN.” The Decision No 0152 approving the plan on electricity supply and national grid operation in 2011 said that 37.35 [...]
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