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ECONOMYINDUSTRY

EVN asked to prevent electricity shortage in the middle and long term

Updated at Friday, 06 Jan 2017, 09:28
The Hanoitimes - The Electricity of Vietnam (EVN) should work out measures to meet the country’s development targets such as economic growth of 6.5-7 percent, one million businesses by 2020, and export surge of 8-10 percent, Prime Minister Nguyen Xuan Phuc said at a conference in Hanoi on January 3.
The Electricity of Vietnam (EVN) held a conference in Hanoi on January 3 to review the operations in 2016 and tasks for 2017. Prime Minister (PM) Nguyen Xuan Phuc attended the conference.
 
Prime Minister Nguyen Xuan Phuc makes a speech at the conference.
Prime Minister Nguyen Xuan Phuc makes a speech at the conference. Photo by Khac Kien
According to the report, in 2016, the EVN generated and purchased 176.99 billion kWh of electricity, an increase year-on-year of 10.8 percent. Commercial electricity reached 159.45 billion kWh, a yearly growthof 11 percent, surpassing the annual target by 350 million kWh. 
The group coordinated with the irrigation sector to provide over 3 billion cubic meters of water for the 2015-2016 winter-spring crops in the northern delta while ensuring sufficient water for drought-hit areas in the central and Central Highland regions. 
At the end of 2016, 73 power plants joined the power market, generating 17,929 MW of electricity. The EVN gained over 264.6 trillion VND (over 13 billion USD) in revenues in 2016, up 12.9 percent against 2015. 
The group also put into operation the Lai Chau hydropower project in the northern province of Lai Chau last year, one year earlier than scheduled, saving 5 trillion VND and ensuring electricity for flood-hit localities.
Speaking at the event, PM Phuc said the group should continue promoting its key role as a State-run company in national power supply.
He stressed that the EVN needs to ensure the progress of underway power projects, while carrying out new ones and working on projects to develop renewable energy.
The group should work out mechanisms to encourage all economic sectors to produce electricity and fine-tune financial mechanism, the PM said.
The Government leader instructed the EVN to promote management, especially financial administration, to prevent corruption in equitisation and investment stages. 
Illustrative image
Illustrative image
PM Phuc asked the group to speed up with restructuring to improve its operational efficiency and competitive edge as well as complete the equitisation of its three power generation corporations in 2017-2018.
The PM told shortcomings such as uneven distribution of electricity in the southern region, economic losses of some fundamental construction projects, and several projects harming local people’s living environment. 
He worried that a shortage of electricity in the middle and long term is likely to occur. The Government leader noted that the EVN should work out measures to meet the country’s development targets such as economic growth of 6.5-7 percent, one million businesses by 2020, and export surge of 8-10 percent. 
The EVN needs to step up administrative reform and directly help the country enter the leading group of competitiveness in ASEAN, he said, noting that Vietnam is ranked sixth in ASEAN in the index of electricity access. 
Talking about the nuclear power project in the central province of Ninh Thuan, the PM required the group to arrange the project’s human resources appropriately and use infrastructure effectively to make up the lost amount of electricity due to the project’s halt. 
Translated by Thu Minh
Source: Khac Kien-Kinhtedothi.vn
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