PVN takes over two thermal power projects

Jul 1st at 14:21
01-07-2023 14:21:49+07:00

PVN takes over two thermal power projects

Vietnam Electricity (EVN) on June 29 handed over two thermal power projects: O Mon III and O Mon IV, to PetroVietnam (PVN) to guarantee the first gas flow at the end of 2026.

Representatives of PVN and EVN at the handover ceremony on June 29 in Ha Noi. — Photo vietnamplus.vn

The change of the two projects’ investors was approved by the Prime Minister on June 24.

The O Mon III and O Mon IV thermal power projects have a capacity of 1050MW each and are located in O Mon Power Centre in Can Tho City. Currently, the two plants are being prepared for use.

They are part of the Block B gas-electricity project chain. The project chain is expected to be deployed in 2023 with a target of having the first gas flow at the end of 2026.

According to Power Development Plan VIII, the BlockB gas-power project chain will be an important source of electricity, providing additional power to the national electricity system in the southern region between 2026-2030.

It also follows the energy-transfer trend and meets the carbon emission reduction target committed to by the Prime Minister at COP26.

Although receiving support and directions from the government and ministries, the implementation of the project chain challenging. Therefore, it will be necessary to make synchronous decisions due to the urgent requirement of the projects. 

Bizhub





NEWS SAME CATEGORY

No time to waste in the fight against deforestation

Viet Nam is ready to enlist as an ally in the EU's fight against deforestation to showcase its dedication to environmental responsibility.

Green logistics remains challenging for Viet Nam

Though green logistics is currently a global trend and will become a requirement of the international food industry supply chain, Viet Nam currently faces many...

Green consumption and online shopping boom

Consumers were increasingly attaching importance to sustainability over time, said Dang Thuy Ha, northern director of NielsenIQ Viet Nam, at an event in Ha Noi on...

Nearly 5.6 million foreign tourists visit Vietnam in January-June

Vietnam welcomed over 5.57 million international visitors in the first half of the year, reaching nearly 70 percent of its full-year target, according to data...

Thaco Group seeks to sell 10 per cent stake in Thaco Auto

THACO Group, the conglomerate led by Vietnamese billionaire Tran Ba Duong, is looking for investors to acquire a 10 per cent stake in THACO Auto, its subsidiary...

Handbook for food processing and distribution SMEs released

Digital transformation is an inevitable process for food processing firms, especially small and medium enterprises (SMEs), to improve production and management...

China drives Vietnam's agricultural export boom

Vietnam has witnessed a significant surge in agricultural trade with China, with the total import-export turnover between the two nations reaching an impressive...

80 Vietnamese firms attend int’l fair in China

As many as 80 Vietnamese enterprises are participating in the three-day 18th China International Small and Medium Enterprises Fair (CISMEF), which opened in...

Hanoi tourism rebounds in first half with 42% visitor growth

The city aims to generate VND77 trillion (US$3.26 billion) in tourism revenue this year, expecting to attract around 22 million visitors.

PM highlights international solidarity to cope with headwinds at ongoing Summer Davos

Strengthening international solidarity was among the priorities for nations to cope with economic headwinds and make way for stronger recovery, Prime Minister Pham...


MOST READ


Back To Top