Vietnam Power Generation EPC Market - Growth, Trends and Forecasts(2020 - 2025)

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Vietnam power generation EPC market is expected to reach $XX billion in 2020 from $ billion in 2014. It is estimated that the market would grow at a CAGR of XX percent during this period.

Vietnam is among the countries pushing hard to develop power generation from coal. Coal’s advantage is low cost, stability of electricity generation, and an economically feasible supply of cheap resources that will last for more than 100 years. Moreover, Renewable energy is also garnering stronger support in the country as it allows rural population to gain quick access to electricity. In addition, renewables help reduce emissions and imports of fossil fuels. But most renewable generation methods remain more costly than conventional fuel. For this reason, renewable power plant projects typically need support from government programs such as feed-in tariffs.

This report comprehensively analyzes the Vietnam Power Generation EPC market by segmenting it based on type of projects, and EPC Market Players. Key drivers and restraints that are effecting the growth of this market are discussed in detail. The study also elucidates on competitive landscape and key market players.

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