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Home >> Business
UPDATED: 13:59, February 14, 2006
Vietnam to import more electricity from China
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Vietnam is to import over 1 billion kwh electricity this year and 1.3 billion kwh next year from China via both 110-kv and 220-kv lines, under contracts already signed by the two sides, local newspaper Labor reported Tuesday.

Under the contracts inked by the state-owned Electricity of Vietnam (EVN) and Chinese power companies in China's Yunnan province and Guangxi Zhuang Autonomous Region, the two sides will start transferring electricity via 220-kv transmission lines in early October at a price of 4.5 U.S. cents per kwh, the newspaper quoted an EVN official as saying. Now, the transmission is conducted via 110-kv transmission lines.

This year, Vietnam will import some 600 million kwh from China via the 110-kv transmission lines at a price of 4.3 U.S. cents per kwh, the official said, noting that his state-owned corporation is accelerating construction of six 220-kv transmission lines and transformer stations for the purchase of electricity from China to serve northern Vietnamese provinces, including Lao Cai, Yen Bai, Phu Tho and Vinh Phuc.

Source: Xinhua

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