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Ministry not putting 6,800 MW of coal-fired power in draft power plan

The Ministry of Industry and Trade has submitted a proposal to the Government on the approval of the draft National Power Development Plan VIII for the 2021-2030 period, with a vision to 2050, in which it continues to exclude 6,800 MW of coal-fired power.
Ministry not putting 6,800 MW of coal-fired power in draft power plan ảnh 1Vung Ang thermo-power plant - Illustrative image (Photo: VNA)
Hanoi (VNA) – The Ministry of Industry and Trade has submitted a proposal to the Government on the approval of the draft National Power DevelopmentPlan VIII for the 2021-2030 period, with a vision to 2050, in which it continues to exclude 6,800 MW of coal-fired power.

As of late September, Vietnam had 39 operating coal-firedpower plants with a total capacity of 24,674 MW.

Besides, there are seven coal projects with a combinedcapacity of 6.992 MW whose construction is underway or in the preparationprocess.

Meanwhile, five others which have a total capacity of 6,800MW are facing difficulties in implementing and preparing capital, namely CongThanh, Quang Tri, Song Hau II, Nam Dinh 1 and Vinh Tan III.

On October 4-6, the ministry held working sessions with fiveinvestors of these mentioned-above projects, requesting them to provide specificwritten commitments from lenders no later than October 30, if they do not stoptheir projects.

However, the ministry held that it would be very difficult for theseprojects to continue being carried out, which is why it decides not to put them in the draft power plan, and compensate the cut with other power sources, mainly windpower and biomass.

Considering the power transition trend in the world, the National Power Development Plan VIII envisions the phasing out of coal and gas-fired power plants by 2050.

Wind and solar power projects serving the production of hydro will be given priority in the plan./.

VNA

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