Vietnam Northern Province OKs to Build 81 Hyower Plants

11:22:51 AM | 7/21/2008

Northern Lao Cai province has to date granted 45 investment licenses to build 81 small-and-medium-sized hyower plants with combined capacity of 909.8 megawatts, according to the provincial sources.
 
Of the plants worth VND17 trillion (US$1.03 billion), eight with combined capacity of 42.2 MW have been connected to the national electricity grid.
 
Meanwhile, 20 other plants with combined capacity of 467.6 MW are under construction.
 
Power-thirsting Vietnam is estimated to lack 8.6 billion kWh of electricity this year and the figure will climb to 36 billion kWh in 2020 and 120 billion kWh in 2030.
 
The country plans to raise the total capacity of hyower generation projects to more than 18,000 MW and the annual output of over 80 billion kWh by 2015, under the national power development plan through 2015 and span to 2025, or plan VI. (Vietnam Economic Times)