1:55:06 PM | 5/11/2008
The state-run State Capital Investment Corporation (SCIC) has recently submitted to Prime Minister Nguyen Tan Dung for approval a plan to invest in electricity projects in the country, said General Director Tran Van Ta.
If approved, SCIC will contribute at least 51 per cent of total investment in power projects that are managed by state-owned Electricity of Vietnam Group (EVN), the Financial Investment newspaper quoted Mr. Ta as saying.
The proposal is aimed at ensuring state management over key projects as well as boosting investment capital for power projects invested by EVN.
Nearly 10 projects are slated for operation in 2008 and 2009 in Vietnam and may lag behind the schedules due to investment shortfall, which may worsen the national power thirst after 2012.
The country is forecast to lack 8.6 billion kWh of power this year. The figure will climb to 36 billion kWh in 2020 and 120 billion kWh in 2030. (Financial Investment)
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