Low price of electricity generated by bagasse discourages investors

Last update 14:17 | 11/10/2017

VietNamNet Bridge – Sugar mill owners remain cautious about plans to generate electricity from bagasse, while experts say the low price of electricity produced from bagasse makes investors hesitate to invest in the field.

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The stiff competition in the sugar industry and the tariff removal under ATIGA (ASEAN Trade in Goods Agreement) , to commence from 2018, has placed big challenges on Vietnam’s sugar industry.

The industry is less competitive than other regional countries with higher production costs.

Post-sugar and by-sugar production to create higher added value is a must for sugar mills. Generating electricity from bagasse is a solution. Tiếp tục đọc “Low price of electricity generated by bagasse discourages investors”