Exchanged at the meeting, Mitsui proposed participating in several offshore wind power projects that EVN was assigned to pilot.

According to Mr. Ryo Zushiden: On this business trip to Vietnam, Mitsui wishes to learn and update information on the orientation development of offshore wind power in Vietnam, especially some pilot offshore wind power projects by EVN. At the same time, Mr. Ryo Zushiden expressed his desire to seek cooperation opportunities between Mitsui – EVN and EVN member units in the future; and share the difficulties and challenges that Vietnam’s electricity industry is facing in the process of developing offshore wind power projects that Mitsui can support, as a foreign investor.

EVN Deputy General Director Nguyen Tai Anh received the Mitsui delegation (Japan), on March 19 in Hanoi.

EVN Deputy General Director Nguyen Tai Anh welcomed Mitsui’s policy and hoped that Mitsui would research and discuss investment and cooperation opportunities in Vietnam’s energy sector in general, as well as the offshore wind power projects in Vietnam in particular.

For information about the electricity demand situation in Vietnam, Mr. Nguyen Tai Anh informed some contents in Power Development Planning VIII that Mitsui is interested in. Specifically, in PDP VIII (period 2021 – 2030, and vision to 2050), the total capacity of offshore wind power projects will be about 6,000 MW. It can increase (in the case of rapid technology development, electricity prices will increase, and transmission costs will be reasonable).

EVN leaders also said that the challenges and difficulties for developing offshore wind power projects in Vietnam such as specific technical and technological properties, large investment scale, the investment processes and procedures complicated… Therefore, realizing the set goals for offshore wind power projects is also a huge challenge for Vietnam’s electricity industry.

With the experience that Mitsui has gained in this field, EVN hopes to have the opportunity to cooperate with Mitsui based on strictly implementing regulations in Vietnam.