Vietnam coal price for power to rise by 47 per cent

• 14 years ago (2010-03-04)
• David Flin

Africa 306 Asia 859 Australasia 51 Biomass 8 Climate change 20 Coal 282 Cogeneration 1 Concentrating solar 5 Cyber security 8 Decarbonisation 1 Decentralised energy 5 Demand side management 2 Demand side response 2 Digitalisation 10 Distributed energy 10 Distribution 113 Electric vehicles EVs 4 Emissions 61 Energy management 1 Equipment 2 Europe 1068 Gas 379 Gas engine plant 62 Gas fuel 2 Horizon 2 Hydroelectric 17 Hydrogen 56 Hydropower 116 Latin America 77 Maintenance 3 Marine 1 Metering 2 microgrid 5 Middle East 317 North America 1004 Nuclear 643 Offshore wind 119 Oil 18 Operations 4 Policy 8 Regulations 3 Renewables 757 smart grid 2 Solar 249 Storage 40 substation 8 Tepco 2 Tidal 2 Toshiba 4 Transmission 181 US Senate Washington 4 Wind 240

---

The Vietnam National Coal and Mineral Industries Group has announced new coal prices for electricity generation. The price of coal dust No 4B sold to power plants is set to rise by 47 per cent to $34 per tonne, while that of coal dust No 5 will increase by 28 per cent to $27 per tonne.

Nguyen Van Hai, Deputy Director of the group, said that the price adjustment was for the group’s reinvestment activities. According to Hai, the group is investing in five new coal mines with an estimated capacity of 1.5-2 million tonnes per year at an expected investment capital between $100-130 million each.

According to the group’s forecast, Vietnam will have to import coal for the next three years and the group has set up a special team to prepare for import activities in the future.