Archive for the ‘Energy & Carbon’ Category
Cavico Subsidiary Receives Investment Certificate for the Lam Dong Wind Power Plant
Cavico had earlier announced that it planned to actively pursue wind energy projects. The receipt of the investment certificate is the final legal documentation required for the Company to develop a wind power plant as a builder-owner-operator (BOO). Lam Dong’s People Committee also approved the plant’s location at which Cavico has conducted feasibility studies and measured the available wind power. Cavico expects the entire process of completing construction work and commencing operations to take three years. From now through the end of 2010, the Company plans to meet with potential co-investors, select a CDM partner (Clean Development Mechanism, a Kyoto Protocol mechanism to assist industrialized countries reducing their greenhouse gas emissions), determine engineering and technological requirements, and negotiate the electricity selling price with the Vietnamese government. Upon finalizing these details, Cavico will begin construction work, import the required equipment, and install the wind turbines.
In the first phase of the project, Cavico plans to construct a 30 megawatt (MW) windpower plant which upon completion will be connected to the national grid. According to the results from studies by the Company’s consultant firm, PECC 3 (Power Engineering Consulting Company 3) the plant may be expanded to 100-300 megawatt. Cavico expects the plant will use 350 hectares of land of which 10.8 hectares will be permanently occupied. A total of 339.2 hectares of land will be impacted by this plant. Cavico projects that total capital investment on this project will be approximately $56.6 million. The Company plans to invest equity of $11.4 million, about 20% buy online drugs of the total capital investment, in the project and finance the remaining amount with debt.
“We are happy to report the successful receipt of the investment certificate for the wind power plant. Results from our preliminary studies show that there is a huge potential for wind cialis dosage 40 mg power in the Lam Dong province,” commented Mr. Thanh Vu Tran, President of Cavico Transportation. “The Vietnamese government has an increased focus on clean energy projects. We have received increased amount of support and encouragement from the Lam Dong’s People Committee and local government. We have also received a lot of interest from investors and financing groups. We strongly believe that the wind power plant will contribute significantly in easing the electricity shortage problems in Vietnam.”
Cavico Corp. is focused on large infrastructure projects, which include the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings. Cavico is also making investments in hydropower facilities, cement production plants and urban developments in Vietnam. The company employs more than 3000 employees on projects worldwide, with offices throughout Vietnam and a satellite office in Australia.
Founded in 2000, Cavico is a major infrastructure construction, infrastructure investment and natural resources conglomerate headquartered in Hanoi, Vietnam. Cavico is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, ports and urban community developments. One of the Company’s primary competitive advantages is its ability to nurture a project “from concept through completion” with a vertical portfolio of interrelated investment, permitting, design, construction management and facility maintenance services. Cavico’s project partners include top multi-national corporations and government organizations. The Company employs more than 3,000 full-time, part-time, and seasonal workers. For more information, visit http://www.cavicocorp.com. Information on the Company’s Web site or any other Web site does not constitute a portion of this release
EVN to provide electricity to Cambodia
EVN to provide electricity to Cambodia
Electricity of Vietnam (EVN) and Electricity of Cambodia (EDC) will put into operation a 220kV power line on March 30, an important step towards effecting electricity sales to Cambodia, according to EVN Deputy General Director prescription drugs online Dang Hoang An.
The Chau Doc (Vietnam) – Takeo (Cambodia) power line is part of an agreement signed in March 2003 between the two governments and a contract between EVN and EDC. The line has a maximum transmitting capacity of 200MW.
Source: generic cialis shelf life cialis canadian Vietnam News
Support power projects in rural areas
(10/27/2008) buying drugs online . This is a policy of the Government for power projects in rural, mountainous and islandish areas. As said by representatives from the Ministry of Finance on October 28, the supporting program consists of investment, low interest rate of loan and after-investment supports.
The supported objects are generators, power plants which have not connected to the national power network, generic cialis 10mg projects on upgrading lines, projects on lines to households and so on.
In order to comply with this policy, the amount and period of the loan are decided by the Social Policy Bank. The favourable interest rate is determined by the Prime Minister. No longer than March 31 of the next year, Vietnam Development Bank and Social Policy Bank are responsible for summarizing the situation of lending and after-investment supporting to report to the Ministry of Finance, the Ministry of Industry and Trade and the Bank of State.
According to The Electricity of Vietnam, there have been so far more than 250 communes (equaling to about 3%) and nearly 900 households (equaling to about 7%) have is generic cialis available not been connected to the national power network.
(Source EVN)
ADB Supports Environmentally Sustainable and Socially Inclusive Hydropower Project
HANOI, VIET NAM (26 September 2008) – The Asian Development Bank (ADB) and the Government of Viet Nam today signed the agreement for the $1.1 billion loan to upgrade the Noi Bai-Lao Cai section of Kunming-Hai Phong Transport Corridor. The cialis for sale loan is the biggest single project financing in ADB’s history.
State Bank of Viet Nam’s Governor Nguyen Van Giau represented the Government, and ADB Country Director for Viet Nam Ayumi Konishi represented ADB during the signing ceremony.
The 244-kilometer highway starting from Noi Bai and ending at Lao Cai is an integral section of the eastern link of Greater Mekong Subregion (GMS) Northern cialis soft tabs Economic Corridor. The corridor connects Kunming city in Yunnan province of the People’s Republic of China with Ha Noi, and Hai Phong and Cai Lan ports in Viet Nam.
At present, many of the existing national online pharmacy without prescription roads between Ha Noi and Lao Cai are narrow and connected only by bridges with limited capacity. The Noi Bai-Lao Cai Highway will help reduce the volume of traffic passing through cities and towns along the road, which could significantly reduce the number of traffic accidents.
“Upon completion, the Noi Bai-Lao Cai Highway will be an efficient, safe and reliable high-standard road that will reduce travel time to three hours from the present eight to 10 hours, enabling one-day transport between Kunming, Ha Noi and Hai Phong,” said Ayumi Konishi, ADB Country Director for Viet Nam.
“The highway will give a shorter and lower cost route to major ports and inland markets, have great potential for tourism, and also substantially enhance Viet Nam’s ability to export agricultural and maritime products to Yunnan province as well as to improve international competitiveness,” he added.
ADB, based in Manila, is dedicated to reducing poverty in the Asia and Pacific region through pro-poor sustainable economic growth, social development, and good governance. Established in 1966, it is owned by 67 members – 48 from the region. In 2007, it approved $10.1 billion of loans, $673 million of grant projects, and technical assistance amounting to $243 million.
Source ADB
Industry Minister turns the light on power problems
Industry Minister Hoang Trung Hai has blamed recent power shortages on tardy construction of on the books price of cialis power projects
The minister cialis buy cialis online said a number of projects are under way but the most pressing issues surrounding energy security are the delays in projects that have overrun their schedules.
He went on to specifically cite the 300 MW Expanded Uong Bi and the 500 MW Ca Mau 2 Thermo-electric Power drugs online without prescription Plants as examples.
The minister expressed his concern that the effects caused by power outages may interfere with foreign investment flows.
According to a governmental power industry development plan, the sector must record an annual production growth rate of 17 percent, or an extra 3,800 MW in generated power per year.
Hai said in order to reach the desired targets, a capital outlay of close to 4 billion USD per annum would be required
Source VNA
Prime Minister agrees to raise electricity tariff since 2009
Accordingly, the Ministry is submitting the policy on raising average electricity tariff by 20% - 30% in 2009 – 2010, mainly for the electricity used for population’s consumption. After the Ministry submits the policy to the Government, the Government will look into the policy and reach a decision. The average electricity tariff for population’s consumption is currently 862 dong/kWh.
Explaining for this rising price, Mr. Khu said that: “In the past few years, we have stably maintained the electricity tariff to best cialis 8 cpr riv0mg price on cialis restrict online pharmacy without a prescription inflation. As guided by the Prime Minister, the tariff will be increased since 2009 and by 2010 the electricity tariff of Vietnam will have been equal to that of other countries in the region. The Government will support poverty-stricken households when it implements the policy of increasing electricity tariff.
The Deputy Prime Minister has made a comparison that in many countries, the tariff of electricity for population’s consumption is lower than that for production, but the situation is in contrast in Vietnam. Therefore, we are proposing to increase the electricity tariff for population’s consumption and that for production will not be increased, if yes, just a little bit. Currently, electricity for production accounts for 56%.
Along with electricity tariff, the tariff of fresh water, public transportation and so on will also increase in 2009.
Source EVN
Flooding delays import of electricity from Vietnam
online buy prescription drugs without a prescription cialis daily 5mg pharmacy cialis target=”_self”>Heavy rains are wreaking havoc on construction crews trying to erect power lines in southeastern Cambodia, adding to power shortages
Vietnam to remove power subsidies from 2009
HANOI, Oct 8 (Reuters) - Vietnam plans to gradually remove subsidies on electricity from next year as it moves to deregulate the generic cialis safety cheap prescription drugs without prescription sector, the government said cialis online overnight on Wednesday.
Nuclear power plan in pipeline
HA NOI — The Ministry of Industry and Trade has announced a plan to build two nuclear power plants in the central province of Ninh Thuan which will be operational from 2020 to 2022.
The announcement was made at an international forum on nuclear power, held yesterday in Ha Noi by the ministry and the Viet Nam cialis free offer Energy Association.
Phan Minh Tuan, head of the preparation committee for nuclear power, said Ninh Thuan nuclear power plant No 1 would be in Phuoc Dinh Commune, Ninh Phuoc District, covering 540ha. Its two reactors will be put into commercial operation by 2020 and 2021.
The Ninh Thuan plant No 2 will be built in Vinh Hai Commune, Ninh Hai District, covering 556ha. Its two reactors buy rx drugs without prescription should be put into commercial operation by 2021 and 2022.
As the world faces a growing energy crisis, with limited oil reserves and global warming as a result of carbon emissions, Viet Nam’s interest in nuclear power is appropriate, according to scientists specialising in atomic energy. These experts confirm that the benefits of nuclear power over other traditional sources make nuclear energy by 2020 a viable option for Viet Nam.
Deputy Minister of Science and Technology Le Dinh Tien said that Prime Minister Nguyen Tan Dung approved last July a master plan to implement the programme titled “Strategy to Apply Atomic Energy for Peaceful Purposes to 2020″.
Last December, the PM approved a national strategy to develop energy in Viet Nam to 2020 with a view to 2050. The strategy outlines that by 2050, nuclear power should account for 15-20 per cent of Viet Nam’s total generic cialis best price power output.
To create a legal framework for atomic energy development in Viet Nam, the National Assembly in June 2008 approved the Atomic Energy Law, which will be valid starting January 1, 2009.
At the forum, Thomas Mazour, an official from the International Atomic Energy Agency (IAEA)’s Division of Nuclear Power, affirmed that Viet Nam was well prepared for the future nuclear power plants.
He said that IAEA was ready to help the countries, including Viet Nam, to upgrade their nuclear safety and prepare for and respond to emergencies.
A leading expert in Viet Nam of atomic energy, Professor Dr Pham Duy Hien, the former head of the Viet Nam Atomic Energy Commission, warned, however that initially only one reactor should be activated.
“From this, we will try to develop a group of experts, as well as infrastructure, and learn how to implement nuclear laws,” he said, adding that the project’s success was not only in getting one reactor up and running, but to create an initial foundation for the next steps.
To generate nuclear power by 2020, construction will have to begin by 2015. Such a tight deadline means experts have to begin their work right away. Hien warned that it usually takes 15 years to select and train the plant staff and select suitable people that can be held responsible for national security.
Other experts noted that considering Viet Nam’s current state, building four reactors at the same time may be too risky. China built their first nuclear plant in 1991, with a capacity of just 300MW. Viet Nam’s plans call for four reactors, each with a capacity of 1,000MW.
Professor Dr Tran Dinh Long, deputy chairman of the Viet Nam Electricity Power Association, warned that building a nuclear power plant would require astounding technical demands.
“It is not as easy as building a shoe-making factory. We cannot affirm that engineers who have studied for five years will be able to build a nuclear power plant. That’s why scientists must be very careful in selecting technology, equipment and suppliers.”
Professor Chu Hao, former deputy minister of science and technology, said that if the country did not really need nuclear power, the plants should be delayed, to wait for more advanced and safer technologies.
Viet Nam has yet to even choose what technologies will be used for its first nuclear power plant.
Dr Vuong Huu Tan, head of the Viet Nam Atomic Energy Commission, outlined the available details of the three separate projects.
The first is to build a nuclear power plant on one site, with two reactors, with a total capacity of 2,000MW to be operational by 2019 and 2020.
The second is to build a plant on two sites, with four reactors (with a total capacity of 4,000MW), with the same technology applied to both sites.
The final plan outlines building a plant on two sites, with four reactors (with a total capacity of 4,000MW), using two different technology models.
Source VNAgency
Dong Nai Hydropower No.2 constructed
On December 30, In Tang Thuong commune, Di Linh district, Lam Dong province, Trung Nam Investment and Construction Joint Stock Company (in Ho Chi Minh City) started construction of Dong Nai Hydropower No.2 Project which has the capacity of 70 MW with the total investment of VND 1,633 billion.
Dong Nai Hydropower No.2 Project is the second one among 45 small and medium-sized hydropower prescription drugs without a prescription projects invested by Lam Dong cialis pill identifier province. As planned, the project will have been constructed in 42 months’ time and will have generated power in quarter II of 2011. After being put into operation, Dong Nai Hydropower No.2 will join the national power network with the estimated power output of 294 million kWh/year.
As said by experts, apart from improving the power output for the national power network, the construction of Dong Nai Hydropower No.2 also contributes to the energy regulation and addition for hydropower projects in Dong Nai river’s downstream such as Tri An Hydropower, Dong Nai Hydropower No.3, Dong Nai Hydropower No.4 and so on.
Mr. Nguyen Tri Dien, Chief of Industry Department in Lam Dong, unveiled that there would be another 10 small and medium-sized hydropower projects to be cialis herbal alternative constructed in Lam Dong in 2008.