Vietnam Selects Investors for 13 Power Projects Declined by EVN
The Vietnamese Ministry of Industry and Trade has recently worked out solutions to 13 power projects with a combined capacity of 13,800 MW that state-owned Electricity of Vietnam Group (EVN) declined in August this year.
The Ministry requested EVN to continue acting as the investor of two power projects under the Vinh Tan 3 power center with a capacity of 2,000 MW.
State-owned oil monopoly PetroVietnam group will invest in projects under the 2,400-MW Vung Ang 3 and 2,400-MW Quang Trach power center.
The Vietnam National Coal-Mineral Industries Group (Vinacomin) will invest in two power projects under 2,400-MW Haiphong 3 power center, and asked to ensure sufficient coal supply for the projects.
Relevant authorities will open bidding for the remaining projects of 1,200-MW Duyen Hai 2, 2,000-MW Duyen Hai 3, and 2,000-MW Long Phu 3 in order to select eligible foreign investors, the ministry said.
In the dry season of 2009, northern Vietnam is forecast to face a severe power shortage of 200 million kWh.
Vietnam is forecast to 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. (Investment)