Vietnam revives plan to build new coal plants amid fiscal and environmental concerns

Vietnam’s National Steering Committee for Power Development has recommended scrapping of the planned 15 GW of coal-based generation capacity by 2030 due to slow progress in and environmental opposition to some coal projects. The committee has suggested limiting coal-based power’s share to only 37 per cent of Vietnam’s electricity by 2025. In a related development, the committee has announced that the power sector has completed 192 out of the 196 planned grid projects under the Seventh Power Development Plan 2011-2020 in the country, at voltages ranging from 110 kV to 500 kV.