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Mr. Tran Ngoc Cang, the Chairman of Quang Ngai Provincial People’s Committee (PPC) and Ms. Atul Nargund, Vice Chairman of Sembcorp (Singapore) have signed the MOU on cooperation in developing Dung Quat gas fired Power Project.

On December 15, 2021, in Hanoi, PetroVietnam Power Corporation - JSC (PV Power) and Vietnam Electricity (EVN) signed a Power Purchase Agreement (PPA) for Ca Mau1 and 2 Power Plants 1 and 2.

On May 9, Mr. Tran Dinh Nhan, General Director and Mission of Electricity of Vietnam (EVN) and worked with Vinacomin leaders in Hanoi and Coal Northeast Corporation (CNC) in Quang Ninh, on coal supply for power generation, especially in the peak hot months of 2023.

On December 12, in Ninh Thuan province, the Electricity of Vietnam (EVN) held a ceremony of starting out the power supply system for constructing Ninh Thuan Nuclear Power Plant (NPP). The Deputy Prime Minister Hoang Trung Hai – Head of the State Steering Committee of Ninh Thuan NPP attended  the ceremony and commanded to start out the project.

The Minister of Industry and Trade has just issued a Decision approving the coal price framework and electricity generation price framework in 2023. Accordingly, the coal price is 1,808,000 VND/ton, the electricity generation price framework for coal-fired power plants is 0 - 1,559.70 VND/kWh and the electricity generation price range for hydropower plants is 0 - 1,110 VND/kWh (the above price framework does not include value added tax (VAT) and other related taxes and costs).

According to the Electricity of Vietnam, in the first quarter of 2015, while continuing comfortable operation, the Vietnamese Competitive Generation Market (VCGM)  had attracted additionally 4 power plants as Nam Chien 2, Da M’Bri Hydropower and Extended Uong Bi 1, Uong Bi 2 Thermal power plants to participate offering prices directly to the market.

Ministry of Industry and Trade (MOIT) has just sent a document to the Prime Minister for a proposal to put the Long An II Thermal Power Plant (2x800 MW) into the Power Planning VII.

Nong Son TPP with a design capacity of 30 MW has officially synchronized to the National Power System.

VnEconomy citing news from the Economic Times (India) reports that private power firm Tata Power is looking for a local partner in Viet Nam to build a 1,320 MW thermal power plant. "We are looking for a local partner in Viet Nam, we would like to keep 80 percent of the equity in the project," Tata Power Managing Director Anil Sardana told reporters in New Delhi.

On May 4, in Hanoi, the signing ceremony of the power purchase agreement (PPA) for Song Hau 1 Thermal Power Plant was held between the Vietnam National Oil and Gas Group (PVN) and the Electricity of Vietnam (EVN).

The Government Office has consulted ministries and sectors on Vietnam National Oil and Gas Group (PVN) to transfer Nhon Trach 3 & 4 thermal power projects to PetroVietnam Power Corporation (PV Power) for investment.

Prime Minister has accepted the proposal of Ministry of Industry and Trade (MoIT) to correct the coal-fired thermal power projects in Adjusted Power Planning VII by adjusting the capacity of An Khanh project (in Bac Giang province with an old name as Luc Nam) from 100 MW to 650 MW and supplementing an independent project (IPP) of 100 MW (2x50 MW) for electricity supplying Duc Giang Chemical Joint-Stock Company (Lao Cai province) without connection with national power system.

The Government has told relevant agencies to consider stopping new coal-fired power plant projects as domestic coal reserves are falling and the country will have to import coal, possibly from 2020, to keep its thermal power plants running.

Deputy Prime Minister Hoang Trung Hai has required Ministry of Industry and Trade (MoIT) to conduct investors of the new power plants – objectives participating in competitive power generation market to complete rapidly necessary conditions for bringing them soon in the competitive electricity wholesale market.

Twelve gas turbines with a combined capacity of nearly 690 megawatts with a total order volume around USD 570 million including long-term service, Siemens has also committed a USD 115 million loan to support the power plants’ construction.