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Vietnam Thermal Coal Imports in H1 of 2020 Surge by 54%

Coal News - Published on Wed, 29 Jul 2020

Image Source: Vietnam Thermal Coal Imports
Vietnam’s coal imports surged to a record high in the first half of the year, showing its rising reliance on coal-fired power plants. According to Vietnam Customs Vietnam’s coal imports rose 53.8 percent year-on-year to 31.57 million tonnes, mostly from Australia, Indonesia, and Russia and exceeded local production by 25 percent. Vietnam turned from a net coal exporter to an importer five years ago as the number of its coal-fired power plants rose to meet the surging power demand from one of the world’s fastest-growing large economies.

Though the government has been seeking to reduce the reliance on coal and encourages the construction of solar and wind power plants, coal plants accounted for 36.1 percent of the electricity generated last year

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Posted By : Yogender Pancholi on Wed, 29 Jul 2020
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