4:37:21 PM | 28/10/2008
Power-thirsting Vietnam is taking some drastic measures in an effort to supply electricity for all of households in the country by 2050.
By 2015, the country will strive to ensure sufficient power supply for nearly 1.65 per cent of total one million families nationwide who have not yet gained access to electricity.
Most of households without access to electricity in Vietnam are living in remote and mountainous communes, where have terrain conditions unfavorable for setting up power transmission lines, and often need much investment spending due to dispersion of additional charge density.
Also, investors find hard to recover their investment in power projects in those areas due to high power leakage rate estimated at between 20 per cent and 30 per cent and low power consumption demand there.
Vietnam has been carrying out Rural Energy Phase II (RE II) project worth US$329.5 million including a 40-year loan worth US$220 million from the WB.
RE II will benefit 1,200 communes in 30 cities and provinces across the country, which is expected to reduce the power leakage rate in rural areas to10 per cent. (Health & Life)