Vingroup Joint Stock Company was not considered by the Ministry of Industry and Trade for its proposal

Share this on: Hanoi, Apr 09 2025 - 07:26 AM

Vingroup Joint Stock Company was not approved by the Ministry of Industry and Trade for its proposal to add 47,500 MW of renewable energy, including solar and wind power, to the adjustment of Power Development Plan VIII. The total proposed investment was estimated at USD 20–25 billion. The reason was that Vingroup's proposal could have altered the optimized power structure already calculated in the plan, which would have required a full revision of the plan and delayed the approval process.


Vingroup Joint Stock Company was not approved by the Ministry of Industry and Trade for its proposal to add 47,500 MW of renewable energy, including solar and wind power, to the adjustment of Power Development Plan VIII. The total proposed investment was estimated at USD 20–25 billion. The reason was that Vingroup's proposal could have altered the optimized power structure already calculated in the plan, which would have required a full revision of the plan and delayed the approval process.



« Go Back

TRY FiinPro-X FREE FOR 14 DAYS

Get Free Trial Now