Vietnam to Buy Over One Billion kWh of Electricity from China in 2006
Vietnam will import around one billion kWh of electricity this year and about 1.3 billion kWh next year from China through 110-kV and 220-kV transmission lines to ease the electricity shortage of the nation, according to Vice General Director of Electricity of Vietnam (EVN) Nguyen Manh Hung.
Of which, the country plans to buy 600 million kWh of electricity from China in 2006 through 110-kV transmission lines with a price of 4.3 US cents per kWh.
This dry season, Vietnam’s northern region is forecast to lack around 200 million kWh.
Vietnam has began the import of power from China through 110-kV lines since mid-2004 to serve northern Lao Cai, Lai Chau, Ha Giang, Yen Bai, and Tuyen Quang provinces.
Vietnam will also start purchasing power from China through the 220-kV Ha Khau-Viet Tri line from October this year at a price of 4.5 US cents per kWh.
Vietnam and China have already reached a 10-year agreement to adjust prices every three years.
EVN targets to generate 51 billion kWh of electricity this year, and purchase from domestic generators and import from China about 8 billion kWh, to meet domestic demand.
In 2005, the corporation produced 41.16 billion kWh, up only 2.5 per cent from 2004, and domestically purchased and imported from China 11.24 billion kWh, up 86.5 per cent.
Vietnam Economic Times, Labour