Japanese firm buys 35.1% stake at Vietnam’s power company Business

Japanese firm buys 35.1% stake at Vietnam’s power company

JERA Inc., a power generation company of Japan, has signed a deal to buy a 35.1% stake at Vietnam’s Gia Lai Electricity Joint Stock Company (GEC) to tap the Southeast Asian nation's growing demand for electricity and further its own decarbonisation efforts, Nikkei Asia reported.
Huge potential for Vietnam to promote blue economy Business

Huge potential for Vietnam to promote blue economy

Blue sea economy is expected to serve as an important motivation and premise for socio-economic development, environmental protection, defense and security assurance, and promoting foreign relations and international cooperation.
Offshore wind power sees high development potential Environment

Offshore wind power sees high development potential

The draft National Power Development Plan for the 2021 - 2030 period with a vision to 2045 (PDP VIII) clarifies the roadmap to cut down coal-fueled power and increase renewable energy sources, especially wind and gas power, offering a good chance for offshore wind power to thrive, according to experts.
Power generation capacity projected to reach 146,000 MW by 2030 Videos

Power generation capacity projected to reach 146,000 MW by 2030

Vietnam’s power generation capacity is projected to reach 146,000 MW by 2030, according to a Deputy Prime Minister Le Van Thanh's conclusion at a conference with localities regarding the completion of the National Power Development Plan for the 2021 - 2030 period.
Indonesia mulls raising coal DMO to 30 percent World

Indonesia mulls raising coal DMO to 30 percent

Indonesia’s Ministry of Energy and Mineral Resources (EMR) is mulling over a proposal to raise the domestic market obligation (DMO) for coal from 25 percent to 30 percent of total production to anticipate rising domestic demand, Minister Arifin Tasrif has said.
AFD provides non-Government guaranteed loan of 80 million EUR for EVN Business

AFD provides non-Government guaranteed loan of 80 million EUR for EVN

The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a credit agreement with a non-Government guaranteed loan worth 80 million EUR (87.8 million USD) to implement the southern Vietnam power distribution project invested by EVN’s Southern Power Corporation (EVN SPC).