Business Activities

Business Activities

PV Power held a seminar "Application of mixed coal burning at Vung Ang 1 thermal power plant"

PV Power held a seminar "Application of mixed coal burning at Vung Ang 1 thermal power plant"

The seminar was attended by representatives from research and production agencies such as: Dr. Le Duc Dung - Deputy Director of the Institute of Refrigeration Science and Technology; Mr. Trinh Van Yen - Head of Energy Technology Department of Northern Power Experiment Company Limited; Mr. Au Nguyen Dinh Thao - Deputy Director of Duyen Hai Thermal Power Company.
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Thai Binh 2 Thermal Power Plant: Waiting for the day to complete the investment

Thai Binh 2 Thermal Power Plant: Waiting for the day to complete the investment

“Violations at Thai Binh 2 Thermal Power Project have been handled by the competent authorities in accordance with the provisions of the law, including the story of recovering state assets lost from the project. . However, this cannot be a reason to continue to affect the implementation of the Project", is the motto set by the Vietnam Oil and Gas Group (PVN) during the implementation of related works to complete the project. All investment in the construction of this power plant in the context of newly built large power sources is increasingly scarce.
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"Thai Binh 2 Thermal Power Plant Project is making positive progress"

"Thai Binh 2 Thermal Power Plant Project is making positive progress"

This is the third time since the 2019 Lunar New Year, PVN member Dinh Van Son directly delivered a briefing and checked the progress of the project. Attending the progress briefing were also leaders of PetroVietnam Construction Corporation (PVC) - EPC General Contractor of the project; representatives of a number of specialized committees of the Group; Thai Binh 2 Project Management Board and representatives of subcontractors. At the meeting, Member of the Board of Directors Dinh Van Son said that the Government has reported to the Politburo to solve the problems of the Thai Binh 2 Thermal Power Plant Project with the goal of completing in 2020, thereby completing the Central Thai Binh Thermal Power Center.
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Implementing the Thai Binh 2 Thermal Power Plant project is in the interests of the country and the people

Implementing the Thai Binh 2 Thermal Power Plant project is in the interests of the country and the people

According to the Project on Adjusting the National Electricity Development Planning for the period 2011-2020, with a view to 2030 (Adjusted Power Master Plan VII) has clearly shown that with an average economic growth rate of about 7%/year, demand Our country's electricity demand in 2020 will be about 235-245 billion kWh/year, equivalent to a total capacity of more than 52,000 MW. It is expected that by 2020, the total coal-fired power capacity of the whole country needs about 131 billion kWh of electricity (accounting for about 49.3% of electricity), but in fact, the whole country currently has 19 thermal power plant projects in the form of electricity. Build-Operate-Transfer (BOT) mode, of which only three projects have been put into operation (including: Phu My 2, Phu My 3 and Mong Duong 2), two under construction and one under construction. preparing to start. Thus, there are 16 remaining projects under negotiation and finalizing documents - that is, still on paper.
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Most thermal power projects are behind schedule

Most thermal power projects are behind schedule

To perform the tasks assigned by the Prime Minister, in 2018, the State Council for Acceptance of Construction Works (the Council) organized an inspection of the investor's acceptance of 15 power projects, in There are 11 thermal power plants (Vinh Tan 4, Vinh Tan 1, Vinh Tan 3, Duyen Hai 1, Duyen Hai 2, Duyen Hai 3, Duyen Hai 3 expanded, Thai Binh 2, Long Phu 1, Song Hau 1, Hai Duong) and hydroelectricity has 04 projects (Trung Son, Thuong Kon Tum, Pac Ma, Da Nhim expanded).
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FUEL INDEX Date 11/10/2024

Fuel index Immediate delivery Unit
Coal FOB Newcastle 6.000NAR
139,73 USD/ton
Coal FOB Richards Bay 6.000NAR 110,13 USD/ton
Coal ICI3 4.600 NAR 75,38 USD/ton
LNG North East Asia (DES)12,85USD/Million Btu
LNG South East Asia (DES)

12,52

 

USD/Million Btu

Shipping cost Date 11/10/2024

Unit Route Price 
Panamax Taboneo - Cam Pha9,55 USD/ton
Panamax Taboneo - Go Gia 7,95 USD/ton
Panamax Abbot Point - Cam Pha 15,25 USD/ton
Panamax Abbot Point - Go Gia 13,20 USD/ton
Panamax Richard's Bay - Cam Pha 20,00 USD/ton
Panamax Richard's Bay - Go Gia 16,95 USD/ton