A view of Formosa thermal power plant in the southern Dong Nai Province (Photo dantri.com.vn)Hanoi (VNA) - Prime Minister NguyenXuan Phuc has allowed the Taiwanese Hung Nghiep Formosa Co Ltd (Formosa) toimport coal for electricity production at its thermal power plant in the southernprovince of Dong Nai.
Earlier, Formosa sent a document to import coal itself for power generation of theNhon Trach 3 Thermal Power Plant without going through two major Vietnameseimporters - VietnamNational Coal-Mineral Industries Holding Corporation Limited (Vinacomin) and Dong Bac Coal Corporation.
It said that since 2001, it asked the Governmentfor coal imports as it said the local coal is neither good enough norcompatible with the technology used at its thermal power plant.
Following Formosa, Vedan Vietnam EnterpriseCorporation Limited (Vedan Vietnam) is the second 100 percent foreign-ownedcompany that submitted a proposal to the PM, the MoIT, the Ministry of Finance,and the General Department of Vietnam Customs to import coal for electricityproduction in its coal-fired boiler without going through domesticintermediaries. However, the PM has yet to give directions regarding Vedan’sproposal.
The Government Office said the PM assigned theMinistry of Industry and Trade (MoIT) to require investors of thermal powerplants, Electricity of Vietnam (EVN), Vietnam National Oil and Gas Group(PetroVietnam) and Vinacomin to calculate coal demand for electricityproduction at the moment and in the future to have specific plans to ensuresufficient materials for plants’ operation.
In addition, Vinacomin, Dong Bac Corporation and other businesses were grantedlicences for coal exploration and trading activities to calculate their coalsupply abilities for thermal power plants and household consumption.
The MoIT will cooperate with the Ministry of Natural Resources and Environment,Vinacomin and relevant agencies to study coal resources in the Hồng (Red River)Coal Basin to ensure coal for electricity production in the future.
Vinacomin, Dong Bac Corporation and other units are required to build coalsupply plans over the long-term to serve EVN’s thermal power plants.-VNA
Earlier, Formosa sent a document to import coal itself for power generation of theNhon Trach 3 Thermal Power Plant without going through two major Vietnameseimporters - VietnamNational Coal-Mineral Industries Holding Corporation Limited (Vinacomin) and Dong Bac Coal Corporation.
It said that since 2001, it asked the Governmentfor coal imports as it said the local coal is neither good enough norcompatible with the technology used at its thermal power plant.
Following Formosa, Vedan Vietnam EnterpriseCorporation Limited (Vedan Vietnam) is the second 100 percent foreign-ownedcompany that submitted a proposal to the PM, the MoIT, the Ministry of Finance,and the General Department of Vietnam Customs to import coal for electricityproduction in its coal-fired boiler without going through domesticintermediaries. However, the PM has yet to give directions regarding Vedan’sproposal.
The Government Office said the PM assigned theMinistry of Industry and Trade (MoIT) to require investors of thermal powerplants, Electricity of Vietnam (EVN), Vietnam National Oil and Gas Group(PetroVietnam) and Vinacomin to calculate coal demand for electricityproduction at the moment and in the future to have specific plans to ensuresufficient materials for plants’ operation.
In addition, Vinacomin, Dong Bac Corporation and other businesses were grantedlicences for coal exploration and trading activities to calculate their coalsupply abilities for thermal power plants and household consumption.
The MoIT will cooperate with the Ministry of Natural Resources and Environment,Vinacomin and relevant agencies to study coal resources in the Hồng (Red River)Coal Basin to ensure coal for electricity production in the future.
Vinacomin, Dong Bac Corporation and other units are required to build coalsupply plans over the long-term to serve EVN’s thermal power plants.-VNA
VNA
