Vietnam

AES has closed a $1.5 billion long-term non-recourse construction financing from 12 commercial banks and two Korean government export credit agencies for its 1,200MW Mong Duong II coal-fired power plant.

The governments of Vietnam and Japan will restart discussions in September on the provision of Japanese nuclear power technology to the Southeast Asian nation.

Under the plan recently approved by the Prime Minister, electricity price shall be gradually adjusted according to market mechanism and is expected to be 8-9 cents per kWh in 2020. It is currently at about 6 cents per KHh.

Vietnam Electricity plans to adjust its monthly pricing based on fluctuating costs such as US dollar exchange rate, changing fuel prices, and also the power output level from its plant.

Jaks Resources Bhd is expected to start construction of its 1,200 MW coal-fired power project worth US$2 billion in Hai Duong province, Vietnam, in the second quarter of 2013.

Vietnam, Cambodia and Laos are planning for significant investment increases in their electricity generation capacity in order to keep pace with the rising demand.

The Fixed Series Compensation system delivers higher efficiency by increasing the capacity of the existing power line infrastructure.

The government of Vietnam asked the local authorities to create favourable conditions for the Pleiku to Cau Bong  transmission line project’s investors.

The third turbine of Son La hydropower plant with designed capacity of 400 MW had been put into idle operation successfully.

The energy saving results of Vietnam's power corporations in the first six months of 2011 reached 667.38 million kWh, 1.3% of commercial electricity.

Petrovietnam has secured a $95 million loan to build a $1.6 billion coal-fired power plant in central Vietnam.

KST Energy and Russia’s Energoproekt Company signed a contract to perform a feasibility study for building a thermal power plant near the proposed refinery project at the Nhon Hoi Economic Zone, Binh Dinh Province.

Burma's pro-democracy leader Aung San Suu Kyi appealed for a review of the ongoing dam projects in Kachin State.

The Bank Pour Le Commerce Exterieur Lao will now accept electric bill payments for Elecitricite du Lao.

National Consulting Group will establish a power company in Vientiane and an office branch in Saravan province to operate the Houay Por hydropower plant construction project.

Saravan provincial authorities will cancel four of nine planned small-scale hydropower plant projects due to lack of progress for almost 18 months after investors signed an MoU with the government.