Vietnam Power Demand to Hit 78 Bln kWh in 2009

2:18:59 PM | 29/10/2008

Power demand in fast-growing economy Vietnam is forecast to reach over 78 billion kWh next year, said the Ministry of Industry and Trade.
 
State-owned Electricity of Vietnam Group (EVN) is estimated to produce 57.1 billion kWh of power in 2009 and power volume to be bought from local and foreign sources will hit 29.6 billion kWh next year, it attributed.
 
Vietnam will lack around one billion kWh of power next year despite an estimated on-year increase of 14.5 per cent in the country’s commercial electricity output to 77.1 billion.
 
In a bid to ensure power supply for the whole nation in 2009, the electricity sector is urged to ensure schedules to operate power sources with a combined capacity of 3,842 MW so as to hike capacity of the national power system to 18,569 MW next year.
 
Also, power purchases from China and BPT and IPP projects should be increased, including 10 billion kWh of Ca Mau 1 and Ca Mau 2, and Nhon Trach 1 by state-owned oil monopoly PetroVietnam; 2.4 billion kWh by the Vietnam National Coal-Mineral Industries Group (Vinacomin). 
 
Vietnam will lack 8.6 billion kWh of power this year. The country’s power lack will peak at 10.3 billion kWh in 2009 but will considerably fall to around 7.2 billion kWh in 2010. (Industrial Executives’ Briefing)