Korean group wishes to invest in thermo power plant in Vietnam

Early this week, Lee Daebong, chair of the South Korea-based Charmvit Group revealed that his group was planning to invest in a thermo power plant in Vietnam. “We were waiting for adjustment in power selling mechanism from Vietnam’s ministry of industry and trade that allows the power generators to adjust the sales price for distributors in case there are changes in retail prices”, he added.

Charmvit Group plans to cooperate with the largest power generator in South Korea to carry out thermo power plant in Vietnam, if the project’s feasibility is ensured. Lee Dae-bong refused to release any information relating to the planned thermo power station, but affirmed that the mechanism about adjusting the wholesales price would play a key role for realising the project. – Dautu

Tags: Vietnam thermo power plant, Vietnam energy

Posted by VBN on Sep 10 2010. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry