Vietnam to prioritise electricity for cement and steel production

Vietnam to prioritise electricity for cement and steel production
18 January 2011

The Vietnamese Ministry of Industry and Trade has requested the state-run Electricity of Vietnam Group (EVN) to prioritise electricity supply for steel and cement factories nationwide in case of power shortage this year.

In 2010, the steel and cement industries consumed 10.19 billion kWh of electricity, accounting for 12.04% of the country’s total consumption and rising 27.5% from a year earlier.

The MoIT forecast the country will face a power shortage of between 3 billion kWh and 4 billion kWh this year, including 2 billion kWh in dry season.

Meanwhile, the domestic demand for electricity this year will reach 117.6 billion kWh, including 56.14 billion kWh in the first half, rising 17.63% and 18.3% from a year earlier, respectively.

In order to ensure sufficient power supply for the national economy, EVN will operate 12 power turbines with a combined capacity of 2,198 MW this year.

The group will also buy 64.5 billion kWh of electricity from local and foreign sources while striving to produce 48.1 billion kWh in 2011.

It is seeking a loan of VND13 trillion to buy FO and DO as input materials for its gas-fuelled power plants to generate 3.8 billion kWh in H1.
Published under Cement News