Waste-to-Energy Project in Bac Ninh Province, Vietnam

VietnamWaste Management Plants

A Waste-to-Energy Plant has begun full-scale operation in Bac Ninh Province, Vietnam. Operated by T&J Green Energy Co., Ltd., a joint venture between our company and Vietnam's TT Holding, the plant incinerates 500 tons of waste per day, generating 11.6 MW of power and approximately 91,872 MWh of electricity annually. Utilizing our technological capabilities and TT Holding local network, the plant aims to help realize a resource-circulating society through thermal recycling, which converts heat from waste incineration into electricity.

Facility Name

Waste-to-Energy Plant in Bac Ninh Province, Vietnam

Location

Bac Ninh Province in Vietnam

Project Owner

T&J GREEN ENERGY COMPANY LIMITED

Date of Completion

2024

Capacity

Facility overview:Stoker type(One furnace:500 t / day),Power output : 11.6MW,Expected power generation : 91,872 MWh(Annual)

This project marks our company's first participation in a waste-to-energy business in Vietnam. In partnership with Thuan Thanh Environment JSC (TT), a leading local recycling company, we established T&J Green Energy Co., Ltd., and reached an agreement to commence the business in December 2021.

T&J is a joint venture company with TT holding a 55% stake and our company holding 45%. The company operates a waste-to-energy plant in Bac Ninh Province that incinerates 500 tons per day of municipal and industrial waste, with a power generation capacity of 11.6 MW and an estimated annual power generation of 91,872 MWh. Construction began in January 2022, and the plant commenced full-scale operations in April 2024. The generated electricity is sold to Vietnam Electricity (EVN) utilizing the Feed-in Tariff (FIT) scheme.

In this project, our company is responsible for the plant design, construction, and operation, while TT handles permit acquisition, plant site procurement, waste collection and transportation, and incineration ash treatment. For the project launch, funding support was secured through the Japanese government's Joint Crediting Mechanism (JCM) and financing from the International Finance Corporation (IFC) of the World Bank Group. The project is expected to reduce approximately 600,000 tons of greenhouse gas emissions over a 15-year period.

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