Vietnam

Vietnam is seeking loans from international finance organisations and domestic commercial banks to fund power transmission projects.

Construction of the Nam-Enfinity renewable energy project in Ninh Thuan province will be delayed to late 2012 due to land costs.

And you'll never guess how much loan ADB approved for the project.

There are plans to increase electricity prices in Vietnam by 4.6% in 2012.

ADB  has approved a $309.9 million loan for a new power plant in Vietnam's Mekong Delta.

Vietnam and Laos have agreed to cooperate in developing power projects.

Guess which country agreed to lend as much as $9b for the project?

Honeywell will work on Hoang Long Joint Operating Company's H-04 wellhead platform in the Te Giac Trang Field.

Mekong River nations will meet on December 7 to decide whether to endorse the project.

Vietnam aims to promote industrial energy efficiency through steam and compressed air system optimization and adoption of energy management standards - ISO 50,001.

The Phongsubthavy Road and Bridge Construction and Dongfang Electric International Company have agreed to build hydropower plants with a combined installed generation capacity of over 88 MW.

A circular has been completed to regulate the competitive power market including responsibility for all players.

Norwegian SN Power Company intends to buy big amounts of stakes of hydropower plants in Vietnam, which is believed to activate the hydropower merger and acquisition market.

HCMC will set aside an amount of VND1 trillion for renewable energy projects following approval from the Ministry of Industry and Trade for the city’s power development plan for the 2011-2015 period.As part of this plan, HCMC will build a plant producing power from garbage in Hiep Phuoc Waste Treatment Complex in Cu Chi District with a maximum capacity of 40MW. The city will also focus on generating energy from garbage, wind, solar power not only to produce energy but also to solve environmental problems. Besides, HCMC will need up to around VND21 trillion to invest in its power grid, including low- and medium-voltage power cables, 110-kV and 220-kV power lines, to serve the demand for its socioeconomic development. Under the plan, the maximum capacity of the city’s power system will reach 4,800MW in 2015 with a commercial electricity output of around 28.3 billion kWh and an annual growth rate of 12.9%. In this period, HCMC will also put underground medium-voltage cables in new urban areas and industrial parks, including all power cables in districts 1, 2, 3, 4, 5, 10 and 11. Meanwhile, Go Vap, Tan Binh, Binh Thanh, Phu Nhuan and Thu Duc districts will have 85% of cables underground and the ratio for other districts is 20-40%.  

Ho Chi Minh City will set aside an amount of VND1 trillion for renewable energy projects for the 2011-2015 period.

A national consultation workshop on the environmental and social impact assessments of the Nam Ou 2 dam in Luang Prabang province was held in Vientiane last week.