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Gas shortfall may cost EVN trillions to turn on oil-fuelled electricity generation

Gas shortfall may cost EVN trillions to turn on oil-fuelled electricity generation

The EVN Group may have to spend as much as USD856.7 million on oil-fuelled power generation next year.

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Low relocation compensation slows down VND6.8 trillion power project

Low relocation compensation slows down VND6.8 trillion power project

The site clearance of a VND6.8 trillion power project in Nghe An Province has seen almost no progress, due to low compensation.

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Energy prices to significantly increase next year

Energy prices to significantly increase next year

Retail power prices will be increased by between 10%-15.6% in 2012, said Finance Minister Vuong Dinh Hue.

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Crisis-hit Italy's new cabinet set to take power

Crisis-hit Italy's new cabinet set to take power

Economist Mario Monti replaces Silvio Berlusconi as Italy's new prime minister on Wednesday, tasked with saving the eurozone heavyweight from a crisis.

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