Russian company considers investing in thermal power in Ninh Thuan

Officials of the south central coastal province of Ninh Thuan held a working session on August 29 with a delegation from Technoprom Export, an affiliate of Russia’s Rostec group, on the firm’s intention to invest in thermal power development in the province.
Russian company considers investing in thermal power in Ninh Thuan ảnh 1At the working session (Source: baoninhthuan.com.vn)


Ninh Thuan (VNA) – Officials of the south central coastal provinceof Ninh Thuan held a working session on August 29 with a delegation from TechnopromExport, an affiliate of Russia’s Rostec group, on the firm’s intention to investin thermal power development in the province.

Vice Chairman of the provincial People’s Committee Tran Quoc Nam introducedthe guests to existing Russian investment projects in the locality, includingthe Dam Vua salt making farm in Ninh Hai district and a vodka plant soon to beconstructed.

Technoprom Export Director General Topo Gilka highlighted the company’scapacity and experience in building power projects in the world and in Vietnam.The firm has built five thermal power plants in Vietnam with combined capacityof 685 MW, and joined in six hydro power projects with combined capacity of3,146 MW.   

He said the company wants to study the building of a 2,000 MW thermalpower plant in Ninh Thuan.

He asked Ninh Thuan authorities to provide more information on thelocality’s potential, infrastructure and requirements towards investors.

The Russian executive also expressed hope that the Vietnamese Government,ministries and agencies will assist the company when it conducts investmentprocedures.

Ninh Thuan has great potential for developing renewable energy,including gas-fuelled power. With permission from the Prime Minister to developinto a renewable energy hub, the province has effectively attracted investmentin wind and solar power plants, with total capacity already reaching 2,000 MW.-VNA



VNA

See more

At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)

Vietnam, Poland discuss major measures to beef up economic ties

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.

Executive President of the China - ASEAN Business Council (CABC) Xu Ningning. (Photo: VNA)

Broader space for Vietnam - China cooperation: Chinese expert

By working together on new challenges and business opportunities, the prospects for cooperation between China and Vietnam will be even broader, and there will certainly be more space for development, said Executive President of the China - ASEAN Business Council (CABC) Xu Ningning.

Illustrative image (Photo: VNA)

Vietnam, Algeria forge stronger economic bonds

The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.

Swiss-Viet Economic Forum members (Photo: VNA)

Swiss-Viet Economic Forum helps boost bilateral collaboration

The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.

Workers at a Taiwanese company in An Duong industrial part, Hai Phong city. (Photo: VNA)

Hai Phong, Quang Ninh attract 7.82 billion USD in FDI in 2024

With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.