10:16:20 PM | 29/5/2008
The State-owned Electricity of Vietnam Group (EVN) plans to build 37 small hydropower plants with the total investment of VND3.1 trillion (US$193.75 million) in the Vietnam-China border by 2010, the Cuu Chien Binh Vietnam newspaper reported, citing EVN sources.
Of the plants, the biggest one will have a capacity of 5 MW, the source said.
Vietnam is forecast to lack 8.6 billion kWh of electricity this year; therefore, the country is seeking ways to generate more electricity to fuel the national fast-growing economy, including building new power plants and buying electricity from China.
EVN plans to spend US$160 million on buying 3.5 billion kWh of electricity from China in 2008, up 31 per cent compared to 2.67 billion kWh of electricity of last year.
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