Transmitted power volume rises 11 percent last year
Hanoi (VNA) – The National Power Transmission Corporation (EVNNPT), a subsidiary of the state-owned Vietnam Electricity (EVN) group, transmitted 184.5 billion kWh of electricity in 2018, up 11.03 percent from the previous year. The statistics were released by EVNNPT General Director Nguyen Tuan Tung at a meeting in Hanoi on January 8 to review the […]
Vietnam’s PV Power to list with billion-dollar market cap
PV Power, the country’s second largest power producer, will list on the Ho Chi Minh bourse this month with a market capitalization of $1.5 billion. The Ho Chi Minh Stock Exchange (HoSE) has approved that the firm lists 2.34 billion shares (trading code POW) on January 14 at VND14,900 (64 cents) per share. This would […]
Banpu aims for 2m tonnes of coal sales to VN
BANPU Plc, a leading integrated energy solutions company in the Asia-Pacific, is now in its second consecutive year of penetrating Vietnam’s coal markets. It aims to seal agreements to provide more than 2 million tonnes of coal to Vietnamese clients to respond to growing demand for coal. Moreover, under its “greener and smarter” strategy, the […]
Waste-to-energy projects offer quick returns
HCM City (VNA) – Power generation from waste has a short break-even period and benefits the environment and so is attractive to investors. Dong Minh Toan, Chairman and CEO of Binh Phuoc Import Export Company, which operates a waste-to-energy plant, said: “With the high electricity price, along with the fee for waste treatment, a waste-to-energy […]
Tokyo Gas sets up gas distribution unit in Thailand
Japanese utility Tokyo Gas, through its unit Tokyo Gas Asia, has set up the first fully private natural gas distribution business in Thailand. The distribution company named Gulf WHA MT Natural Gas Distribution Company (GWHAMT) has been established through a joint investment by the Gas Energy Development Company, Thai privately held WHA Utilities and Power […]
Austrian renewable model gets local try
Gussing Renewable Energy’s gasification power plant in Nong Bua, which is meant to serve as a demonstration case for other communities. An Austrian energy company has brought a new process for generating renewable energy to Thailand, with the hope that after initial success their model will spread to small towns across the country. The carbon-neutral […]
Tropical storm Pabuk hits energy production in Thailand
The economic loss from tropical storm Pabuk on January 4 in southern Thailand may reach Bt5 billion (US$156 million) according to local authorities. The country’s most powerful storm in three decades disrupted flights and businesses while damaging more than 1,400 homes. The storm claimed three lives and forced over 34,000 people to evacuate as strong […]
Cambodia less reliant on electricity imports, says official
Victor Jona, director-general of Energy at the Ministry of Mines and Energy, said Cambodia is less reliant on foreign electricity sources, resulting in a reduction of the country’s electricity imports due to the constant development of the local electricity sector. Mr Jona said the development of the energy sector in Cambodia has increased significantly thanks […]
Solar energy to be more affordable to consumers
JOHOR BARU: The Government’s move to liberalise the energy sector and to promote renewable energy would make it more affordable for consumers to switch to renewable energy, especially solar energy. Ditrolic Solar Sdn Bhd chief executive officer Tham Chee Aun said the implementation of the Net Energy Metering (NEM) and Supply Agreement for Renewable Energy […]
Cambodia less reliant on electricity imports, says official
Victor Jona, director-general of Energy at the Ministry of Mines and Energy, said Cambodia is less reliant on foreign electricity sources, resulting in a reduction of the country’s electricity imports due to the constant development of the local electricity sector. Mr Jona said the development of the energy sector in Cambodia has increased significantly thanks […]