Vietnam plans to invite foreign and domestic companies to construct 15 power plants with the total capacity of 11,776 MW, the countrys biggest power producer and sole distributor said Monday.
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Vietnam plans to invite foreign and domestic companies to construct 15 power plants with the total capacity of 11,776 MW, the countrys biggest power producer and sole distributor said Monday.
The state-owned Electricity of Vietnam (EVN) has just proposed the Industry Ministry encourage investors to pour money into building the plants in the form of independent power producers.
The countrys electricity demand will increase 14-15 percent annually in the 2006-2010 period, EVN said, stressing that the corporations financial sources are limited.
EVN currently needs some VND45 trillion, or over US$2.8 billion, to complete 14 power projects which are under construction.
However, it has yet to access the full capital, partly because commercial banks in
By constructing more power plants,
The EVN also plans to build 173 small- and medium-sized hydroelectric stations with combined capacity of 2,290 MW in the coming years.
(Source: Thanhniennews)
