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Other Disclosures9517eREX Co.,Ltd.Electricity and gas

eREX Selected for FY2025 Subsidy Program for Supporting Decarbonization and Energy Transition Technologies in Resource-Rich Countries — Promoting Biomass Co-Firing Projects at Coal-Fired Power Plants in Vietnam

eREX was selected for the FY2025 grant program for its biomass fuel co-firing tests at the Non Son Coal-Fired Power Plant in Vietnam. The co-firing tests are scheduled to begin in September 2026.

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Announced details

Biomass fuel co-firing tests at the Non Son Coal-Fired Power Plant
Applicable field (uses covered by this announcement)

Decarbonization of coal-fired power plants, biomass fuel co-firing, and energy transition

Launch dateScheduled to begin in September 2026 (co-firing tests)
Contract Datenot disclosed (MOU executed in April 2026)
What the company reported numerically
Usage history

In FY2025, conducted biomass co-firing tests at an existing coal-fired power plant in Vietnam and obtained basic data and operating results

Relationship between the counterparty and the company
eREX Co.,Ltd.9517
Relationship with the Company

Business relationship concerning the consideration and promotion of biomass co-firing tests and a co-firing business. An MOU toward commercialization was executed in April 2026. Capital and personnel relationships: not disclosed.

CounterpartyVinacomin Power Holdings (Hanoi, Vietnam)

Headquarters: Hanoi, Vietnam; General Director & CEO: Bùi Minh Tân. Owns the Non Son Coal-Fired Power Plant. Other attributes: not disclosed.

Award/certification name

Selected for the FY2025 Grant Program for Decarbonization and Energy Transition Technologies in Resource-Rich Countries

Location (as indicated in this announcement)

Non Son Coal-Fired Power Plant, Vietnam

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredBiomass fuel co-firing tests at the Non Son Coal-Fired Power Plant
CounterpartyVinacomin Power Holdings (Hanoi, Vietnam)
Counterparty overviewHeadquarters: Hanoi, Vietnam; General Director & CEO: Bùi Minh Tân. Owns the Non Son Coal-Fired Power Plant. Other attributes: not disclosed.
Relationship with the CompanyBusiness relationship concerning the consideration and promotion of biomass co-firing tests and a co-firing business. An MOU toward commercialization was executed in April 2026. Capital and personnel relationships: not disclosed.
Contract Datenot disclosed (MOU executed in April 2026)
Launch dateScheduled to begin in September 2026 (co-firing tests)
Applicable areaDecarbonization of coal-fired power plants, biomass fuel co-firing, and energy transition
Award/certification nameSelected for the FY2025 Grant Program for Decarbonization and Energy Transition Technologies in Resource-Rich Countries
LocationNon Son Coal-Fired Power Plant, Vietnam
Usage historyIn FY2025, conducted biomass co-firing tests at an existing coal-fired power plant in Vietnam and obtained basic data and operating results
Items this document does not state (8)
Contract ValueOffering priceAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To contribute to decarbonization in Vietnam, reduce carbon dioxide emissions, improve energy self-sufficiency, promote sustainable industrial development, and strengthen cooperation between Japan and Vietnam.

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eREX Selected for FY2025 Subsidy Program for Supporting Decarbonization and Energy Transition Technologies in Resource-Rich Countries — Promoting Biomass Co-Firing Projects at Coal-Fired Power Plants in Vietnam | eREX Co.,Ltd. (9517) timely disclosure | Komori