Electricity of Vietnam reviews power sector development

Dec 21, 2002 01:00 AM

The corporation Electricity of Vietnam (EVN) has rapidly grown in recent years, meeting the country's power demand for socio-economic development. The national commercial electricity output in 2000 rose 14.6 %; in 2001, 15,4 %; and in 2002, more than 17 %, which are all higher than the forecast of EVN's overall development plan for 2001-2010 and 2020. The growth has helped bolster the business boom, particularly since the promulgation of the Enterprise Law, said the EVN General Director Dao Van Hung.
In the past two years, EVN invested around VND 30,000 bn ($ 2 bn) in infrastructural development, putting into operation five more power projects -- the Phu My 1, the Pha Lai 2, the Yaly hydro-power plant, the Ham Thuan-Da My hydropower plant, and the Ba Ria 306 Add-on project -- with a combined capacity of 2,188 MW. The corporation also put into use 956 km of 220 kV transmission line, a number of 220 kV transformers with a total capacity of 3,271 MVA, nearly 700 km of 110 kV transmission line and 110 kW transformers with a total capacity of 2,706 MVA.

Especially, the Vinh Long-Bac Lieu 220kV transmission line, two 220 kV transformers in Bac Lieu and Vinh Long provinces started operating, and the construction of the 500 kV transformer in central Ha Tinh Province completed improving electricity service in the Mekong delta and northern central provinces.
This year, EVN started the construction of three power projects and prepared for the construction of seven others. These projects have helped increase the national electricity output to 31.5 bn kWh a year, or an annual increase of 15.3 %.

The electricity supply sector has taken various measures to reduce electricity losses, reduce production cost and use investment capital effectively. With regard to rural areas, the sector extended electricity grids to 612 poor communes at a cost of VND 1.190 bn. Under a VND 1,000 bn programme implemented till 2003, EVN has made 97.6 % of districts and 85.9 % of communes nationwide accessible to the national electricity grid.
Experts forecast that Vietnam will need between 53-55 bn kWh by 2005 and 96-105 bn kWh by 2010. The country is to face electricity shortages as from 2005, the EVN general director said. To tackle the problem, the sector will focus efforts on the construction of the Phu My 3, Phu My 2-2, Se San 3 hydro-power plants, and the Uong Bi plant enlargement project; and prepare for the O Mo, Phu My 4, Rao Quan, Tuyen Quang, Hai Phong and Quang Ninh power projects.

The government has approved the plan on construction of the country's 2nd 500kV transmission line linking Play Ku (the Central Highlands) and Thuong Tin (northern Ha Tay province) to settle the problem of electricity shortage in northern provinces by 2005. Vietnam plans to build 60 power plants from now till 2020, including 40 plants with a combined capacity of 12,000 MW in the 2001-2010 period, 15,000 km of transmission lines and transformers with a total capacity of 50,000 MVA.
The country's electricity development projects from now till 2010 need $ 22.5 bn while EVN is capable to cover only 30 % of the needed capital. Different economic sectors have been encouraged to invest in electricity production and supply. Many domestic and foreign investors have taken part in the industry with a series of build-operate-transfer projects, independent projects and joint ventures.

Source: BBC Monitoring Asia Pacific
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