Strengthen cooperation in biomass power production in Lao Cai

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This afternoon, April 24, the Lao Cai province delegation visited and worked with Japan EREX Joint Stock Company. Receiving the delegation was Mr. Honna Hitoshi, President and General Director of EREX Japan Joint Stock Company and representatives of several departments of the Company.

EREX Japan Joint Stock Company introduces biomass electricity production technology.

At the meeting, Chairman of the Provincial People’s Committee Trinh Xuan Truong quickly informed the results of the business trip from the time the delegation arrived in Japan until today. Happy to meet Mr. Honna Hitoshi, Chairman and General Director of EREX Joint Stock Company, comrade Trinh Xuan Truong said: With strengths in clean energy production, renewable energy, especially the Department of Planning and Investment, Mr. Planning and Investment of Lao Cai province with Japanese EREX Joint Stock Company awarded a Memorandum of Understanding on the implementation of Bao Thang Biomass Power Plant project (Lao Cai) at the Investment and Tourism Promotion Workshop in Laos Cai held on April 23 is the basis for Lao Cai and EREX to further strengthen their cooperative relationship and mutual development. Comrade Trinh Xuan Truong said: According to the Plan for implementing Power Planning VIII, Lao Cai is approved for 30mgw. The legal basis is now complete. EREX also went to Lao Cai to survey raw material areas and factory locations. The head of the Provincial Government committed to providing enough raw material areas for EREX to produce biomass electricity because Lao Cai has up to 4 raw material production units. Lao Cai is also the locality with the largest demand for electricity in the region, especially Tang Loong industrial park.

Happy and welcoming the Lao Cai province delegation to visit and work at the headquarters, Mr. Honna Hitoshi, President and General Director of Japan EREX Joint Stock Company, said he was very impressed with a green province like Laos. Quit. Mr. Honna Hitoshi informed: Currently the Company is preparing to invest in 18 projects. Through research, the Company found that Lao Cai has a lot of potential for biomass electricity, and the electricity demand of Lao Cai and the region is still very large. From the information that the Chairman of Lao Cai Provincial People’s Committee just provided, EREX found that there are absolutely enough conditions for the project to be implemented immediately. To ensure investment efficiency and economic efficiency, the Company wishes to invest in a 50mgw factory in Lao Cai, similar to the capacity that the Company is about to deploy in Yen Bai and Tuyen Quang. The problem is to have a stable supply to serve biomass electricity production activities.

The delegation of Lao Cai province took souvenir photos at EREX Joint Stock Company

Agreeing with the proposal of the head of EREX Joint Stock Company, Chairman of the Provincial People’s Committee Trinh Xuan Truong said that this is the right time for the Company to invest in building a factory in Lao Cai with a scale of 50mgw. Option 1 can be divided into 2 investment phases. Option 2 is that Lao Cai province will consult the Politburo to report to the Government to adjust the project scale from 30mgw to 50mgw. Comrade Trinh Xuan Truong affirmed that Lao Cai will have the highest determination so that EREX can implement the project in the province and expressed his hope that the next time he visits and works, he will be able to visit biomass power plants in Japan. The version is invested by the company.

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