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Thursday, July 25, 2024

Industry ministry wants power supply secured

The Saigon Times

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HCMC – Vietnam’s Ministry of Industry and Trade has requested three major State companies to ensure stable electricity supplies to facilitate socio-economic development and meet people’s needs.

At a meeting held on February 21, Minister of Industry and Trade Nguyen Hong Dien told the ministry’s agencies to work with Vietnam Electricity Group (EVN), Vietnam Oil and Gas Group (PVN) and Vietnam National Coal and Mineral Industries Group (Vinacomin) to remove hurdles to investment in power industry infrastructure.

They should handle issues related to the prices of electricity and raw materials for power generation, Dien added.

He told them to strictly follow the business plans approved by the Commission for the Management of State Capital at Enterprises and accelerate work on key projects.

“Energy development plays a strategic role in industrialization and modernization as it lays the foundation for the nation’s socio-economic development,” he said.

He said there will be follow-up meetings to work out policies supporting power businesses.

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