Trungnam Group eyes green energy development in Ninh Thuan province

Trungnam Group eyes green energy development in Ninh Thuan province

Private Vietnamese conglomerate Trungnam Group plans to develop a green energy complex with an expected green hydrogen capacity of 824,400 tons per year in the south-central province of Ninh Thuan.

Energy - Wed, May 1, 2024 | 11:37 am

POWERCHINA, Trungnam Group ink EPC contract for 916 MW wind power project in Vietnam

POWERCHINA, Trungnam Group ink EPC contract for 916 MW wind power project in Vietnam

Power Construction Corporation of China (POWERCHINA) and Vietnam’s Trungnam Group have recently signed an EPC (engineering, procurement and construction) contract for a 916-MW wind power project cluster in the Southeast Asian country.

Energy - Sat, December 16, 2023 | 5:55 pm

Vietnam firm to build $200 mln industrial cluster in Ben Tre province

Vietnam firm to build $200 mln industrial cluster in Ben Tre province

Vietnamese firm Pacific Group plans to invest $200 million in an industrial cluster in the Mekong Delta province of Ben Tre for the production of renewable energy equipment.

Energy - Fri, June 9, 2023 | 10:59 pm

Renewables giant Trungnam Group's assets top $4 bln

Renewables giant Trungnam Group's assets top $4 bln

Vietnamese private conglomerate Trungnam Group's total assets finished last year at VND96 trillion ($4.1 billion), according to its financial statement.

Companies - Mon, May 22, 2023 | 10:16 pm

EVN’s suspension of Trungnam solar power purchase incorrect: legislative body

EVN’s suspension of Trungnam solar power purchase incorrect: legislative body

Vietnam Electricity’s (EVN) suspension of utilizing 172.12 megawatts of the Trung Nam-Thuan Nam solar power plant's 450MW capacity goes against the government’s solar power development policy, said the National Assembly Standing Committee's Ombudsman Commission.

Energy - Fri, March 17, 2023 | 10:52 pm

HCMC 'super' anti-flooding project in limbo over contract extension disagreements

HCMC 'super' anti-flooding project in limbo over contract extension disagreements

A VND10 trillion ($424 million) anti-flooding project in Ho Chi Minh City has been suspended since 2018 due to disagreements regarding contract extension between local authorities and the investor.

Investing - Wed, March 15, 2023 | 5:23 pm

Ninh Thuan to build $89 mln road connecting Ca Na port with Central Highlands

Ninh Thuan to build $89 mln road connecting Ca Na port with Central Highlands

The central coastal province of Ninh Thuan has approved a plan for a VND2.1 trillion ($88.86 million) road connecting the deep-water Ca Na seaport to the Central Highlands.

Infrastructure - Wed, February 15, 2023 | 10:22 am

Bamboo Capital, Trungnam could benefit from new renewables price frame: securities broker

Bamboo Capital, Trungnam could benefit from new renewables price frame: securities broker

Owners of renewable energy projects in Vietnam that missed deadlines for preferential feed-in-tariffs (FiTs) like Bamboo Capital and Trungnam Group could benefit from a newly-issued purchase price frame, according to top broker VNDirect.

Energy - Mon, January 16, 2023 | 2:51 pm

Ninh Thuan wants EVN to purchase Trungnam’s unpriced solar power capacity

Ninh Thuan wants EVN to purchase Trungnam’s unpriced solar power capacity

Ninh Thuan authorities have proposed the government to direct state utility Electricity Vietnam (EVN) to purchase the 40% portion of the Trungnam Group solar power plant's capacity that has yet to gain a pricing mechanism.

Energy - Mon, October 17, 2022 | 4:37 pm

EVN asked to follow solar power purchase contract signed with Trungnam Group

EVN asked to follow solar power purchase contract signed with Trungnam Group

State-run utility Vietnam Electricity (EVN) has been requested to follow the solar power purchase contract signed with Trungnam Group in line with relevant legal regulations.

Energy - Mon, October 10, 2022 | 4:44 pm

Trungnam Group's 'shortcomings' behind power purchase deadlock: deputy minister

Trungnam Group's 'shortcomings' behind power purchase deadlock: deputy minister

Trungnam Group's failure to complete required precedures has prompted Vietnam Electricity (EVN) to stop purchasing 40% of its solar farm's capacity, says a deputy minister of industry and trade.

Energy - Sun, October 2, 2022 | 11:21 pm

EVN, Trungnam Group hold talks on solutions for solar power usage deadlock

EVN, Trungnam Group hold talks on solutions for solar power usage deadlock

State-owned Vietnam Electricity (EVN) has asked Trungnam Group to put the 172-megawatt capacity portion without a pricing mechanism of its 450 MW solar farm in Ninh Thuan into the competitive power generation market.

Energy - Sat, October 1, 2022 | 3:54 pm

Vietnam’s first private power transmission projects at risk of 'dying'

Vietnam’s first private power transmission projects at risk of 'dying'

The Thuan Nam 500 kV substation and 500 kV Thuan Nam-Vinh Tan transmission line in the central province of Ninh Thuan are at risk of “dying” as their investor, Trungnam Group, is facing huge financial difficulties.

Energy - Tue, September 20, 2022 | 10:26 pm

Trungnam Group seeks government help as EVN cuts solar power usage

Trungnam Group seeks government help as EVN cuts solar power usage

Trungnam Group has appealed to the government for help as state-owned Vietnam Electricity (EVN) announced it would cut the utilisation rate of power produced at its largest solar farm by 40% due to the lack of a pricing mechanism.

Energy - Wed, September 14, 2022 | 4:04 pm