Japanese firm to build biomass power plant in Yen Bai

News

Japanese firm to build biomass power plant in Yen Bai

Wednesday, May 8, 2024

YBO - Japan's renewable energy firm Erex is going to invest in a 50MW biomass power plant project in Van Yen district, the northern mountainous province of Yen Bai.

At a ceremony to grant investment approval decision to Erex.

Japan's renewable energy firm Erex is going to invest in a 50MW biomass power plant project in Van Yen district, the northern mountainous province of Yen Bai.

Chairman of the Yen Bai provincial People's Committee Tran Huy Tuan presented a decision approving investment policy for the Yen Bai 1 biomass power plant project to Representative Director and President of Erex Co. Ltd Honna Hitoshi in Tokyo on May 8.

The official stressed that the project matches the local socio-economic development plan and the national green growth strategy. It will also contribute to the realisation of the Government's commitment to achieving net-zero emissions by 2050. Notably, it is the first electricity project in Yen Bai to receive approval since the adoption of Vietnam's Power Development Plan VIII in 2023.

He also affirmed Yen Bai's commitment to supporting Erex throughout the project lifecycle, underlining the importance of harmonising interests and sharing risks to ensure mutual benefit for both sides.

Hitoshi, for his part, said the plant will be built on an area of around 10ha in the Bac Van Yen industrial cluster, with a total estimated capital of 100-120 million USD.

Scheduled for operation in early 2027, it will generate 50MW of electricity, with around 45MW supplied to the national grid. It is expected to use nearly 500,000 tonnes of wood scraps and by-products as fuel annually, he added.

This milestone heralded Erex's second foray into the realm of biomass power development in Vietnam. Its first plant, boasting a capacity of 20 MW, is now under construction in the Mekong Delta province of Hau Giang and slated for operation later this year.

A representative further revealed the company's expansion plan of generating over 1,000MW of biomass power across 18 locations in Vietnam.

VNA

Japanese

Other news

Documents, artifacts related to Dien Bien Phu Campaign unveiled in Yen Bai

Artifacts related to the opening of Route 13A - one of the vital routes for transporting troops, weapons, and food to the Dien Bien Phu battlefield.

More than 200 precious artifacts, photos and documents related to the Dien Bien Phu Campaign have been announced in the northern province of Yen Bai, demonstrating activities taken by the provincial Party Organisation, administration, army and people to serve the campaign 70 years ago.

Mu Cang Chai Paragliding Festival to take place on upcoming national holidays

Paragliding in Mu Cang Chai district is attracting an increasingly large number of tourists.

On the occasion of the upcoming national holidays of the Liberation of the South and National Reunification, and May Day from April 27 to May 1, a lot of tourist activities will be held in Mu Cang Chai district, including the opening of the 2024 Paragliding Festival entitled “Bay tren mien danh thang” (Flying over Scenic Spot).

Yen Bai leader attends 2024 Vietnam Connect Forum

Chairman of the provincial Tran Huy Tuan attends 2024 Vietnam Connect Forum

Deputy Secretary of Yen Bai province’s Party Committee and Chairman of the provincial People’s Committee Tran Huy Tuan attended the 2024 Vietnam Connect Forum held recently in the northern port city of Hai Phong.

Party Secretary joins CPV high-ranking delegation’s visit to Japan

Politburo member, permanent member of the CPV Central Committee’s Secretariat and Chairwoman of the CPV Central Committee’s Organsiation Commission Truong Thi Mai and the CPV high-level delegation have a working delegation with President of the National Diet NukagaFukushiro.

YBO- Politburo member, permanent member of the Communist Party of Vietnam (CPV) Central Committee’s Secretariat and Chairwoman of the CPV Central Committee’s Organsiation Commission Truong Thi Mai, who is also Chairwoman of the Vietnam – Japan Friendship Parliamentarians’ Group, led a high-level delegation on a working visit to Japan from March 31 to April 3.

News