Vietnam’s power sector will grow between 18 per cent and 20 per cent by 2010 to keep track with the country’s fast-growing economy and industrialization, a source from state-owned Electricity of Vietnam Group (EVN) said.
To realize the target, EVN will have to generate an additional 3,000 megawatts annually through 2010, and more 7,000 MW a year in the 2011-2015 period, to reach outputs of 124 billion kWh in 2010 and 257 billion kWh in 2015.
The commercial electricity output is expected to hit over 100 billion kWh in 2010 and 223 billion kWh in 2015.
The group has aimed to raise annual electricity output per capital to 1,200 kilowatts in 2010, and 2,300 kW in 2015, from 600 kW in 2006 and 550 kW in 2005.
EVN will boost the construction of more 19 hydropower plants with capacity of between 33 MW and 2,400 MW, totaling at 6,500 MW by 2010. The currently operational 12 hydropower plants have a combined capacity of over 4,460 MW.
The group will need VND250 trillion (US$15.63 billion) to make all the ambition come true, with an annual investment of VND50 trillion (US$3.13 billion).
Currently, the total capacity of power plants across Vietnam is estimated at nearly 11,000 MW, including 9,300 MW from EVN-managed facilities.
Of the total, hydroelectricity accounts for 38 per cent, gas-fueled power 40 per cent, and coal-fired electricity 18 per cent.
Vietnam’s electricity output was calculated at 61 billion kWh in 2006, including 51.5 billion kWh of commercial power output. (The People)