More News

Regulation

Staff Reporter

, Vietnam

Published:

11 years ago

Vietnam's 48 power plants to sell 95% of generation to EVN

Vietnam's competitive power market will be officially launched on July 1 , according to the Ministry of Industry and Trade.

This transpires after a one-year trial operation and several times of delays.

Under new regulations, 48 out of 73 power plants with average capacity of 30 MW each are to sell 95% of their total capacity to the country’s only supplier the Electricity of Vietnam at contract prices. The remainder will be paid in line with market level.

The proportion of contract price and market price will be applicable within one year. Later, the proportion will change to further increase the competition in the domestic power generation industry but the contracted power will be capped at no less than 60% of the total.

For more.

Also Read

Australian government allocates $9.2b to boost renewable energy sector

Six key actions to expedite offshore wind deployment

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Japan reduces fossil fuel generation by 8% in 2023

This is driven by the increasing renewables capacity and declining power demand.

Power Utility

9 hours ago

Global bioenergy electricity production rises 3.1% to record 697 TWh

China, Brazil, and Japan are the top bioenergy producers.

Power Utility

9 hours ago

Nuclear power deemed Australia's most expensive energy source

It costs six times more than renewable projects.

IPP

9 hours ago

AboitizPower finalises 15.6% stake acquisition in STEAG State Power

This brings the company’s total equity interest to 85%.

Power Utility

9 hours ago

Exclusives

Pressures mount for less desirable energy insurance placements in the region

Industry experts eye offshore investments as most attractive, yet more expensive.

Power Utility

Will the government pay for coal power exit in Vietnam?

The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.

IPP

Japanese utility firms into serious business of reselling LNG surplus

Declining local demand for LNG directs Japanese companies to the South and Southeast Asian markets.

Power Utility

India removes licence requirement to build transmission lines for bulk consumers

The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.

Event News

Thailand at the forefront of ASEAN's energy transition: A look ahead to Future Energy Asia

Co-Written / Partner

Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.

Co-Written / Partner Celebrate your exceptional energy and sustainability initiatives with Asian Power

Co-Written / Partner Abu Dhabi Sustainable Water Solutions clinches two wins at Asian Water Awards

Technology VR and AR training are vital for the renewable energy workforce

Co-Written / Partner Thailand at the forefront of ASEAN's energy transition: A look ahead to Future Energy Asia

Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.