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Vietnam to Import 3.8bn kWhs Power From China in 08

Jan 17 , 2008 - SinoCast

Vietnam will import 3.8 billion kilowatt-hours of electricity from China in 2008, including 1.7 billion kilowatt-hours imported in the first five months, said the state-owned Electricity of Vietnam (EVN) recently.

EVN estimates that the country's demand for electricity would be 15.9% more than that in 2007. Moreover, the reservoirs, rivers and lakes in the northern part are mostly at low water level in the first five months - its dry season, and that affects its hydropower generation.

Vietnam's demand for electricity is anticipated to grow by 10% to 15% in 2010. EVN estimates that the electricity sector would need investments of around USD 43.1 billion from now until 2015, including about CNY 29.2 billion in power station construction.

Prime Minister Nguyen Tan Dung previously said the nation aimed to let its installed capacity of power generation double to 28 million kilowatt-hours by 2010, and it welcomed foreign investments in the infrastructure sectors.

EVN is the largest electricity power producer and the exclusive electricity seller in the country.