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

A plume of steam rises from a coal-fired power plant in Winfield, West Virginia. | BLOOMBERG

HO, CHI MINH CITY/SINGAPORE – Vietnam is scaling back a plan to build new coal plants, as financial restrictions and local environmental concerns increase the difficulty and complexity of constructing such facilities.

The National Steering Committee for Power Development has recommended eliminating about 15 gigawatts of planned new coal plants by 2025 due to slow progress and the unwillingness of some regions to develop them, according to state-controlled news website VietnamPlus. The central government will have final say on the plan. Tiếp tục đọc trên CVD →

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