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Adani Group plans 10 GW of overseas hydroelectric projects

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Adani Group is planning to develop 10 gigawatts (GW) of hydroelectric projects overseas in the coming years as part of its strategy to reach net zero carbon emissions by 2050. The conglomerate, led by billionaire Gautam Adani, is exploring projects in countries like Nepal, Bhutan, Kenya, Tanzania, the Philippines, and Vietnam, according to sources familiar with the plans. The group is particularly interested in regions with favourable topography and growing demand for hydropower. The move…

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EVNSPC completes 18 out of 25 power grid projects in Southern Vietnam

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Vietnam Electricity’s Southern Power Corporation (EVNSPC) initiated the construction of 25 power grid projects at 110 kV during the first nine months of 2024, completing 18 of them. Among the notable achievements is the Phong Dien substation in Can Tho City, with a capacity of 80 MVA and an investment of nearly VND82.75 billion. EVNSPC worked closely with local authorities to overcome challenges related to site clearance, compensation, and the relocation of power grid infrastructure,…

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Micro Electricity and Saigontel partner for 300 MW solar power park in Vietnam

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Micro Electricity has partnered with Saigontel to develop a 300 MW solar power park in southern Vietnam, alongside creating a green energy trading platform for industrial zones. The companies plan to invest USD 225 million over three years, with the project expected to generate revenue by 2025.  Micro Electricity will offer energy management and transaction services to help businesses meet their green energy targets. This initiative aligns with Vietnam’s Direct Power Purchase Agreement (DPPA) regulations,…