The Minister of Industry and Trade has recently asked the trio of power giants to keep the supply of coal stable at all costs in 2023 as the mineral is essential for power generation and fertiliser production.
(VNS/VNA) - In his meeting with State-owned heavyweights on March 3, Minister Nguyen Hong Dien requested Vietnam Electricity (EVN), Vietnam Oil and Gas Group (PetroVietnam), and Vietnam National Coal and Mineral Industries Group (TKV) to keep a close watch on coal supply.
He said under no circumstances should the supply be disrupted as coal is an essential mineral that thermal power stations and fertiliser factories cannot go without. If a coal shortfall occurs, it will deal a heavy blow to the economy.
To keep coal shortages at bay, the minister urged the trio to act in line with the governmental Directive No.29 and the ministerial instructions on the provision of coals.
He also ordered that coal suppliers and purchasers comply strictly with the contracts they both agreed to. Otherwise, they would be responsible for any damage arising from their failure to fulfill the contracts.