Vietnam coal firms ink deal to power EVN's power projects

EVN is trying to address a possible coal supply shortage in 2019.

Vietnam Coal and Mineral Industries Holding Joint Stock Corporation (Vinacomin) and Vietnam Electricity (EVN) signed a long-term coal contract for power projects, Vietnam Energy reports.

Vice prime minister Trinh Dinh Dung said, "If the coal supply is not well resolved, the power shortage will occur in 2019 and the following years. In any situation and by all means, it is necessary to ensure enough electricity for economic development and life of the people.”

Dung also requested the Ministry of Industry and Trade (MOIT) to approve the coal supply diagram for coal-fired power plants, make a comprehensive plan on domestic and imported coal demand, and preside research for coal mixture to ensure fuel quality.

He also urged Vinacomin, EVN, and other coal customers to sign coal trade agreements for 2019 and implement them to ensure supply for power generation.