Vietnam’s New Standards for Coal Fired and Gas Turbine Power Plants and Pricing for Transitional Projects

June 23rd, 2023
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Energy

From July 15, 2023, construction of new coal-fired and gas-turbined power plants that are unable to meet a specific energy efficiency rate will no longer be allowed.  The minimum energy efficiency rate of each power generation unit must exceed the minimum efficiency rate set out in Decision 14/2023/QD-TTg of the Prime Minister dated May 24, 2023 (“Decision 14”).

 

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