Tra Vinh to run $43-mln biomass power plant in 2025

By Tri Duc
Wed, October 26, 2022 | 3:27 pm GMT+7

Tra Vinh authorities have approved in principle a 25-megawatt biomass power plant worth VND1,066 billion ($43 million) in the Mekong Delta province, for commercial operation in the first quarter of 2025.

The power plant, covering 11 hectares of land and 0.6 hectares of water surface in Luu Nghiep Anh commune, Tra Cu district, is set to commence construction in the second quarter of next year. The project implementation is three years from the in-principle approval date and its lifespan is 49 years.

The project will be deployed by four companies, namely Ho Chi Minh City-headquartered Power Engineering Consulting JSC 2 (PECC2), Tra Vinh-based HCG Tra Vinh Energy JSC, Son My Renewable Energy JSC in Binh Thuan, and Ninh Thuan Agriculture & Renewable Energy JSC in Ninh Thuan province.

A biomass power plant. Photo courtesy of Vietnam Clean Energy Association.

A biomass power plant. Photo courtesy of Vietnam Clean Energy Association.

Tra Vinh province is now home to the 3,178-MW Duyen Hai thermal power center and five wind power plants already connected to the national grid totaling 320 MW in capacity.

Hau Giang Bioenergy JSC (HBE) and Power Engineering Consulting JSC 2. on October 11 signed an EPC contract and an operation and maintenance (O&M) term sheet to build the Hau Giang Biomass Energy project, set to become Vietnam's biggest rice husk-to-power plant.

Located in the Mekong Delta province of Hau Giang, the 10-hectare, 20-MW plant project will use rice husks as fuel and is set to start commercial operation in 2024.

Private multi-sector group An Viet Phat, a pioneer in Vietnam’s clean energy field, has proposed to develop a VND8.5 trillion ($372 million) biomass power plant in the central province of Ha Tinh. The 112-MW project, with a lifespan of 50 years, will cover 30 hectares in Ky Anh district.

Comments (0)
  • Read More
Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam’s policymakers need to consider changes to foreign direct investment incentives to keep the country competitive when it implements Global Minimum Tax rules, says Prof. Nguyen Mai, chairman of the Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Opinion - Tue, May 14, 2024 | 9:37 am GMT+7

Malaysia pledges to boost energy connectivity

Malaysia pledges to boost energy connectivity

Malaysia commits to cooperating with its ASEAN counterparts to push forward regional initiatives such as the ASEAN Power Grid, which is aimed at fortifying energy connectivity and security throughout the region, the country's Deputy Prime Minister Fadillah Yusof said on Monday.

Southeast Asia - Tue, May 14, 2024 | 8:49 am GMT+7

Japan supports Indonesia to build high-speed rail line in capital

Japan supports Indonesia to build high-speed rail line in capital

The Japanese government announced on Monday that it will provide a loan of approximately JPY140.7 billion ($900 million) to construct a high-speed rail line in Jakarta, Indonesia.

Southeast Asia - Tue, May 14, 2024 | 8:44 am GMT+7

Singaporean PM submits resignation

Singaporean PM submits resignation

Singaporean Prime Minister Lee Hsien Loong on Monday submitted his resignation to President Tharman Shanmugaratnam, saying he and his government will resign on Wednesday.

Southeast Asia - Tue, May 14, 2024 | 8:09 am GMT+7

Singapore’s robot startups eye global market

Singapore’s robot startups eye global market

From autonomous floor cleaning to robotic arms in warehouses, Singapore-based robotics startups are expanding their production and research capacity to tap into Asian markets and beyond, targeting companies eager to address labour shortages.

Southeast Asia - Tue, May 14, 2024 | 8:03 am GMT+7

Thai tourist buses allowed to enter Malaysia

Thai tourist buses allowed to enter Malaysia

Buses from Thailand are allowed to enter Malaysia to bring in tourists, provided they apply for temporary permits from the Land Public Transport Agency (APAD) in advance, said Malaysian Minister of Transport Anthony Loke.

Southeast Asia - Tue, May 14, 2024 | 8:00 am GMT+7

HCMC to add 80 locations for public bike rental

HCMC to add 80 locations for public bike rental

An additional 80 public bike rental stations will be opened in District 1 and District 4 to serve locals and tourists in Ho Chi Minh City.

Travel - Mon, May 13, 2024 | 10:19 pm GMT+7

Mysterious 'floating' lake discovered in central Vietnam

Mysterious 'floating' lake discovered in central Vietnam

A mysterious lake has been discovered in Thung Cave within the World’s Natural Heritage Phong Nha-Ke Bang National Park, in the central province of Quang Binh.

Travel - Mon, May 13, 2024 | 10:17 pm GMT+7

Vietnam ranks second in world cryptocurrency ownership rankings

Vietnam ranks second in world cryptocurrency ownership rankings

Vietnam ranks second in the world of cryptocurrency ownership, with 21.2% of the population adopting crypto, shows data from the Crypto payment gateway Triple-A.

Southeast Asia - Mon, May 13, 2024 | 10:12 pm GMT+7

Largest made-in-Vietnam bulk carrier launched

Largest made-in-Vietnam bulk carrier launched

The largest-ever made-in-Vietnam bulk carrier was launched by Nam Trieu Shipbuilding Co Ltd in the northern port city of Hai Phong on Saturday.

Southeast Asia - Mon, May 13, 2024 | 10:10 pm GMT+7

Vietnam condotel market ineffective, past its boom: consultant

Vietnam condotel market ineffective, past its boom: consultant

Condotel projects in Vietnam have been ineffective in general because developers promised attractive profits without thorough consideration of all relevant factors, says Mauro Gasparotti, director of Savills Hotel Asia Pacific.

Real Estate - Mon, May 13, 2024 | 10:08 pm GMT+7

Planning differences hinder Novaland real estate projects in southern Vietnam: provincial authorities

Planning differences hinder Novaland real estate projects in southern Vietnam: provincial authorities

Differences between master plan and subdivision plans have caused many difficulties facing real estate major Novaland’s Aqua City project in Dong Nai, provincial authorities say.

Real Estate - Mon, May 13, 2024 | 5:16 pm GMT+7

Public Bank Vietnam earns post-tax profit $17 mln in 2023, down 5.6%

Public Bank Vietnam earns post-tax profit $17 mln in 2023, down 5.6%

Public Bank Vietnam Limited, a wholly-owned subsidiary of Malaysia’s Public Bank Berhad, earned a post-tax profit of VND436.5 billion ($17.2 million) in 2023, down 5.6% year-on-year, according to its financial statement.

Banking - Mon, May 13, 2024 | 5:06 pm GMT+7

Private lender Eximbank, telecom giant Viettel ink five-year cooperation pact

Private lender Eximbank, telecom giant Viettel ink five-year cooperation pact

Vietnamese private lender Eximbank will provide banking products and services to military-run telecom giant Viettel, its employees and customers under a five-year (2024-2028) agreement signed recently by both sides.

Banking - Mon, May 13, 2024 | 4:45 pm GMT+7

Vietnam aims to fuel 3 power plants with Block B gas: PM

Vietnam aims to fuel 3 power plants with Block B gas: PM

Gas from offshore Block B will fuel the O Mon 2, 3 and 4 power plants that are set to begin operation in 2026, 2027, and 2028, respectively, says Prime Minister Pham Minh Chinh.

Energy - Mon, May 13, 2024 | 3:49 pm GMT+7

Developer Phat Dat, Realty Holdings ink cooperation pact under $1.6 bln plan

Developer Phat Dat, Realty Holdings ink cooperation pact under $1.6 bln plan

Phat Dat Real Estate Development Corporation will sell two projects with over 7,000 units to Realty Holdings Real Estate Business and Services Corporation under a strategic cooperation agreement signed Sunday.

Real Estate - Mon, May 13, 2024 | 3:34 pm GMT+7