negotiations over payment agreement for lng power stuck in deadlock

Negotiations over payment agreement for LNG power stuck in deadlock

Negotiations between Vietnam Electricity (EVN) and investors for a power purchase agreement (PPA) for liquified natural gas (LNG)-to-power projects have once again stalled.
australia and vietnam to develop competitive electricity market

Australia and Vietnam to develop competitive electricity market

The Australian Embassy in Vietnam and the Electricity Regulatory Authority of Vietnam (ERAV) signed an MoU on April 17 to collaborate on the development of a competitive electricity market.
defining the role of ai in digital transformation

Defining the role of AI in digital transformation

AI has become a fuzzy catch-all term for any computational system that mimics human-like intelligence. It enables machines to perform tasks that typically require human intelligence, such as visual perception, speech recognition, and decision-making. AI is the new electricity.
moit proposes scheme to boost renewable energy procurement

MoIT proposes scheme to boost renewable energy procurement

The Ministry of Industry and Trade (MoIT) has put forward a proposal that would allow manufacturers to directly procure electricity from renewable energy plants, either through Vietnam Electricity (EVN) or independently.
malaysia sets up clean energy exchange

Malaysia sets up clean energy exchange

The Malaysian government has agreed to establish the Energy Exchange Malaysia (Enegem) to facilitate cross-border sales of green electricity to neighbouring countries.
pv gas to supply nearly 70000 tonnes of lng

PV GAS to supply nearly 70,000 tonnes of LNG

Nearly 70,000 tonnes of liquefied natural gas will be supplied to Vietnam Electricity (EVN) by PetroVietnam Gas JSC (PV Gas) for power generation, according to an announcement on April 9.
moit seeks to broaden participation in power purchasing agreement

MoIT seeks to broaden participation in power purchasing agreement

The Ministry of Industry and Trade (MoIT) has proposed an expansion of the Direct Power Purchase Agreement (DPPA) mechanism, which facilitates the direct sale of electricity between renewable energy producers and large electricity consumers.
price movements likely to be affected by inflation landscape

Price movements likely to be affected by inflation landscape

Factors such as the upcoming rise in power tariffs and salaries are expected to pressurise the government’s efforts in bringing inflation under control this year.
high tech investment influx reliant on stable power supply

High-tech investment influx reliant on stable power supply

The government has committed to ensuring sufficient power for businesses, giving Vietnam the potential to receive advanced capital influx from foreign-backed enterprises.
sembcorp hands phu my 3 over to evn

Sembcorp hands Phu My 3 over to EVN

Singapore’s Sembcorp Industries, through its 67 per cent-owned joint venture Phu My 3 BOT Power Co. Ltd., handed over Phu My 3 Power Plant to Vietnam Electricity (EVN) on March 8.
australias corio signs an mou with evngenco3 for offshore wind

Australia’s Corio signs an MoU with EVNGENCO3 for offshore wind

Australia’s Corio Generation, the offshore wind energy branch of Macquarie's Green Investment Group, has signed an MoU with EVNGENCO3, a subsidiary of Vietnam Electricity (EVN), for offshore windfarm development in Vietnam.
thailand keen on alternative energy

Thailand keen on alternative energy

More state-run energy firms in Thailand are eager to try alternative fuels to support the campaign against climate change, with the Electricity Generating Authority of Thailand (Egat) becoming the latest agency, aiming to replace coal with wood pellets to fuel its power plant.
inflation control under pressure from all directions

Inflation control under pressure from all directions

A rebound in domestic consumption and electricity price hikes may put the government’s efforts to control inflation under pressure this year, in addition to salary increases.
erex to put 101 million into biomass plant in vietnam

Erex to put $101 million into biomass plant in Vietnam

Erex Corporation, a Japanese firm specialising in supplying electricity sourced from biomass, has just unveiled plans for a pioneering 50MW biomass power plant in the central province of Binh Dinh.
limited supply poses a risk of electricity shortages

Limited supply poses a risk of electricity shortages

Limited supplies, a rise in demand, and exorbitant electricity purchase expenses could potentially result in electricity scarcity in 2024.