The electricity industry faces a diminished performance in Q3 as profits plummet due to the struggles of hydropower and thermal power businesses. Nhơn Trạch 2 Thermal...
Although Vietnam has committed to reducing net emissions to zero by 2050, the country is still building thermal power plants such as in Nghi Son, Thai Binh 2, and Van...
If such complications cannot be resolved, "the entire project may not be able to go ahead", according to the ministry.
Due due to the weakening of hydropower in 2023, thermal power will see significant production mobilization.
Vietnam Electricity (EVN) has said that the amount of coal supplied to its thermal power plants (TPP) fell short of the contractual amounts, putting them at risk.
The State Audit pointed out several investments of corporations in affiliated companies and long-term investments that suffered losses and lost capital.
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