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Ho Chi Minh City
Tuesday, June 6, 2023

Over 3,700 firms enter into energy-saving agreements

By T. Dao

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HCMC – More than 3,700 enterprises in northern provinces have signed agreements on energy conservation with subsidiaries of the Vietnam Electricity Group (EVN).

They are committed to conserving energy during the noon and evening hours – from 11:30 a.m. to 2:30 p.m. and from 8 p.m. to 10 p.m. – and refraining from simultaneously using multiple electricity-intensive devices.

Electricity suppliers in the north will devise monthly power supply plans to help businesses adjust their production plans.

In a recent report to the Ministry of Industry and Trade, EVN warned of an emergency given the potential shortage of electricity supply, especially in northern Vietnam.

It said power use could increase by 15% annually from May through July, and the northern region may experience a power shortage of up to 1,600-4,900MW.

Power loss in transmission lines stood at 3.46% in April and 4.02% in the first four months of the year, down 0.49% compared to the same period in 2022.

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