ELECTRICITY CONSUMPTION FORECAST TO RISE BY 7% THIS MONTH

The average daily electricity consumption is projected to reach 763.5 million kWh in November, up by 7.09% versus the same period last year, according to Vietnam Electricity Group (EVN).

EVN said that the entire power system generated a total of 24.28 billion kWh in October, an 11.3% year-on-year increase.

In response to the growing demand for power, EVN is encouraging thermal and hydropower plants to ramp up their efforts to ensure a sufficient supply of electricity for the country.

In terms of investments in power generation facilities, EVN is expediting the construction of several power projects. These include Quang Trach 1 thermal power plant, expansion at the Ialy and Hoa Binh hydropower plants, and a push to complete the necessary legal procedures for the Tri An hydropower expansion project.

For the national power grid, EVN is currently engaged in the procedural aspects and construction of the 500kV power transmission line circuit 3, spanning from Quang Trach to Pho Noi. Simultaneously, they are collaborating with local authorities in Thanh Hoa to expedite compensation and land clearance procedures for the Nam Dinh 1-Thanh Hoa power transmission line.

Source: The Saigon Times