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Vinacomin

Authority proposes transferring $2.1 billion thermal power plant to Geleximco-HUI partnership

The proposal of replacing project investor on Quynh Lap 1 thermal power plant located in Nghe An province, which costs over $2 billion is expected to speed up the progress of construction and operation to secure the existing plan on national energy security.

Vietnam paid US$1.03 billion to import coal

In the first nine months of 2017, Vietnam imported 10.4 million tons of coal with the import turnover of US$1.03 billion while the export turnover only reached $207 million, according to the General Department of Customs.

Vinacomin’s revenue attained US$3.38 billion

Vietnam National Coal - Mineral Industries Holding Corporation (Vinacomin) reported 24.2 million tons of coal consumption and 26.81 tons of production in the first 9 months of 2017.

What to do with 9 million tons of coal in stock?

At least 9 million tons of coal are in stock because domestic demand is low, while the coal price in Vietnam is higher than in other countries.

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