Vietnam to build 20 biomass power plants

Collaboration between Malaysian CHE Group and Vietnamese Giang Power Plant Joint Stock to construct 20 biomass power plants worth US$600 million in Vietnam is now underway.

K.K. Chang, MD of CHE Group, said the engineering work of the first power plant will start by the end of 2013 and construction by 2014 Q2. A total of 20 plants will be completed in five years over four phases. According to Chang, Hau Giang province will house the first plant, and the rest will spread over six provinces. CHE and German fuel tech provider Torftech also formed a joint venture, Torche Energy, to be the main contractor for this Vietnam project.

CHE will also approach Myanmar and Cambodia for similar undertakings, for their rich agricultural resources.