EVN Cuts More than VND12.5 Trillion of Investment in 2011
The Vietnam Electricity Group (EVN) has reported that it reassessed investment plans and decided to suspend investment and postponed progress in nearly 300 projects in 2011 with a value of more than VND 12.5 trillion, a 15 percent decrease from the initial plan.
These are the result which EVN determined to implement under Government's Resolution 11/NQ-CP on curbing inflation, stabilising the macro-economy and ensuring social welfare.
Of these, 35 projects and their items was included in group A, 64 projects in group B and nearly 200 projects in group C.
Furthermore, EVN coordinated with localities to set up plans for electricity supply and programs and solutions for electricity savings, to follow instruction No 171/CT-TTg of Prime Minister Nguyen Tan Dung. In the first six months of 2011, the country saved 530 million KWh of electricity.
CPV
Vietnamese
