The deal will see the Chinese energy giant and Vietnam’s state-owned electricity provider join forces across a broad front. — China Daily
BEIJING: On the first day of April, a landmark partnership was forged in Hanoi, Vietnam, as China Power Engineering Consulting Group – a key subsidiary of Chinese energy heavyweight China Energy Engineering – signs a cooperation agreement with Vietnam Electricity, kicking off what both sides describe as a new chapter in bilateral energy collaboration.
The deal will see the Chinese energy giant and Vietnam’s state-owned electricity provider join forces across a broad front – from ultra high-voltage transmission lines and next-generation renewables to nuclear power and green hydrogen.
Dang Hoang An, party secretary and chairman of Vietnam Electricity, said the deal aligns with the nation’s visions for how Vietnam can leap forward in clean energy, grid modernisation and international cooperation.
Luo Bixiong, Party secretary and chairman of China Power Engineering Consulting Group, said: “The agreement marks a new chapter in energy collaboration between the two companies and the two countries.
“It sets the stage for deep, wide-ranging cooperation across some of the most dynamic areas in the energy world.”
Vietnam is now finalising a supplementary guideline for its national power master plan, a blueprint that places renewables and low-carbon technologies at the centre of the country’s long-term energy strategy.
Among its priorities is the construction of Vietnam’s first phase of nuclear capacity, an ambition that has drawn interest from economies such as South Korea, Japan, Russia and France. — China Daily/ANN
