PM urges ministries to avoid power cuts

Jul 16th at 09:12
16-07-2019 09:12:44+07:00

PM urges ministries to avoid power cuts

Prime Minister Nguyen Xuan Phuc has urged ministries and agencies to work to avoid upcoming power shortages.

 

Many key electricity projects, especially large-scale projects that are expected to be completed in 2023, have been delayed, leading to a risk of electricity shortages from 2021.

The Government leader urged officials to prepare plans to hasten the projects at a Government meeting held in Ha Noi on Monday.

He told them to submit a draft plan the Government soon.

The State Bank will consider allowing the projects to exceed credit limits to finish on time, while Vietnam Electricity (EVN) and the Viet Nam National Coal and Mineral Industries Group (Vinacomin) will focus all resources on completing them.

Ministries, sectors and localities should create favourable conditions for power projects and remove difficulties for them, the PM said.

Besides that, he said the Ministry of Industry and Trade (MoIT) and the State Capital Management Committee should submit to the Government solutions relating to development of the Thai Binh Thermal Power Project 2 and report on issues relating to the Electricity Planning VIII and the Quang Trach Thermal Power Project 1.

At the meeting, the Prime Minister agreed on the principle of buying all electricity from small hydro-electricity and solar power plants if they meet requirements to connect to the grid.

The PM also said the MoIT, EVN, Vinacomin, Viet Nam Oil and Gas Group and the State Capital Management Committee need plans to provide enough coal and gas for each power plant.

He told ministries, sectors and localities to promote programmes to save electricity and use modern technology with low electricity consumption, while also developing a competitive electricity wholesale market.

The Prime Minister requested the State Capital Management Committee and the MoIT to simplify investment procedures for power projects.

bizhub



NEWS SAME CATEGORY

Garment and footwear firms will have to wait for EVFTA benefits

Textile, garment and footwear products made in Viet Nam will not enjoy immediate tariff cuts after the EU-Viet Nam Free Trade Agreement (EVFTA) comes into effect...

Potential risks for exports to U.S.

Vietnam’s exports to the United States have recently soared, bringing about opportunities to both gain more market shares in the states and potential risks.

S. Korea grants nonrefundable aid for rice value chain

A project to develop a rice value chain has received funding of five billion Korean won, or US$4.5 million, in nonrefundable aid from the South Korean Government.

US plugs its cotton at HCM City event

Viet Nam is one of the largest importers of US cotton, and the imports will continue to rise, delegates told Cotton Day organised by Cotton Council International...

City eyes boost to key industrial products

HCM City is offering support in the form of financial assistance, land, workforce training, technology, trade promotion, and brand building assistance to businesses...

Fishermen urged to fight illegal fishing

Offshore fishing vessels have been told to closely follow Vietnamese and international fishing regulations to help remove the European Commission's yellow card – a...

Programme on key industrial production eyes FDI firms

The Ha Noi Department of Industry and Trade expects foreign direct investment (FDI) firms will team up to develop key industrial products to benefit socio-economic...

MoIT hands over loss-making projects to CMSC

The Ministry of Industry and Trade on Tuesday handed over 11 out of 12 loss-making projects to the Committee for Management of State Capital at Enterprises (CMSC).

Shoe, leather exhibitions open in HCM City

Leather Products exhibition and the Viet Nam International Exhibition on Sewing Machinery opened simultaneously in HCM City on Wednesday.

Vietnam seafood exports could miss $10 bln target

Declining values of exported seafood could see Vietnam fall short of the $10 billion target set for the year.


MOST READ


Back To Top