Petrovietnam Power Corporation's thermal power plant project encountered difficulties
The Nhon Trach 3 and Nhon Trach 4 Thermal Power Plant projects, invested by Petrovietnam Power Corporation, were facing numerous challenges related to contracts, grid connection, and infrastructure usage fees, which are impacting their progress. The projects, with a total investment of USD 1.4 billion, play a crucial role in ensuring national energy security and fulfilling the commitment to net-zero emissions by 2050. Prompt resolution of these issues by all stakeholders was essential to ensure the timely completion and effectiveness of these projects.
The Nhon Trach 3 and Nhon Trach 4 Thermal Power Plant projects, invested by Petrovietnam Power Corporation, were facing numerous challenges related to contracts, grid connection, and infrastructure usage fees, which are impacting their progress. The projects, with a total investment of USD 1.4 billion, play a crucial role in ensuring national energy security and fulfilling the commitment to net-zero emissions by 2050. Prompt resolution of these issues by all stakeholders was essential to ensure the timely completion and effectiveness of these projects.
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