IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

ESG and Sustainability

Vietnam has inaugurated its first LNG power plants, Nhon Trach 3 and 4, in Dong Nai Province. Built by Petrovietnam at a cost of USD1.4 billion, the 1,624 MW twin plants will generate over nine billion kWh annually to stabilise the national grid, particularly in the south. Prime Minister Pham Minh Chinh stated the project is crucial for national energy security, supporting the country's rapidly growing demand from high-tech sectors.
Hextar Global and Hextar Industries have signed agreements with Inspur Enterprise Cloud Technology of China to roll out AI-driven platforms for agriculture and green building solutions, starting with durian farming and expanding to energy-efficient infrastructure projects.
Corgan has achieved carbon neutrality across all global operations, offsetting emissions across Scopes 1, 2 and 3 through targeted sustainability initiatives and carbon credit projects.
Mindspace REIT has raised ₹550 crore through sustainability-linked bonds from IFC, becoming the first Indian REIT to issue SLBs under Sebi’s new ESG framework. The funds will be tied to measurable green performance goals, reinforcing its commitment to sustainable development.

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