EVN to Be Restructured before 2009
The Ministry of Industry (MoI) plans to separate power transmission function from the Electricity of Vietnam Group (EVN) before 2009, an effort to build a competitive power generation market, said an official.
Dang Hung, director of the Electricity Regulating Agency of Vietnam under the MoI made the announcement at a meeting on electricity market development, held July 5 in Hanoi.
Hung elaborated that the government will be the monopoly manager of the transmission unit via assigning an independent agency to run it, ensuring healthy competition between EVN and power production and trading units.
EVN currently hands over 110-kV electricity transmission lines to local power managing agencies.
In the near future, national power transmission unit will control only 220-kV lines and the upward.
The MoI is trying to build a fully competitive power generation market by 2009, under the Government approved roadmap.
Under the master plan for Vietnam’s electricity market development over the next 20 years approved by the government in February 2006, the market will develop in three phases. A competitive power generation market will be developed from 2005-2014. Between 2015 and 2022, the market will operate on the wholesale business model. The last phase will feature a competitive retail market after 2022, with a pilot period from 2022-2024 and a fully-constituted competitive retail market be applied across the country after 2024. (Liberated Saigon)
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