Diverse funding needed to maintain new-style rural power supply
Diverse funding needed to maintain rural power supply
All sources of funding, including state and local government budgets and the public, should be mobilised to maintain power supply for new-style rural areas, according to the Electricity of Vietnam’s Southern Power Corporation (EVN SPC).
EVN’s Southern Power Corporation needs big investment to maintain power supply for new-style rural areas. (Photo: VNA)
Hanoi (VNA) – All sources offunding, including state and local government budgets and the public, should bemobilised to maintain power supply for new-style rural areas, according to the Electricityof Vietnam’s Southern Power Corporation (EVN SPC).
Last year, thePrime Minister issued a decision to define criteria for new-style rural areas in2016-2020, requiring qualified communes to meet rural development standards forplanning, transportation, irrigation, electricity, healthcare-culture-education, production, environment, security-social order and more.
Biginvestment is needed to develop rural power networks in areas having metstandards for electricity, the corporation said, adding that it will be verychallenging for the corporation to raise the funds.
Thecorporation’s capital for construction is limited so it can only afford torenovate existing networks and build new main lines to improve safety.
The EVN SPCalso underlined the importance of ensuring the progress of key rural powerprojects, particularly those in the southern provinces of Vinh Long, BinhPhuoc, An Giang and Bac Lieu and Can Tho City.-VNA
A large number of high-quality personnel will be needed to meet the growing demand of the competitive generation market and the competitive wholesale electricity market in the time ahead.
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The Electricity of Vietnam’s Southern Power Corporation (EVN SPC) has conducting a number of projects to provide power services to island communes in the southern region.
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EVN’s Southern Power Corporation needs big investment to maintain power supply for new-style rural areas. (Photo: VNA)
