Aug 24, 2012

Vietnam faces serious power shortage

Vietnam faces serious power shortage:

Lao Voices
HCM CITY (Viet Nam News) — Vietnam will soon face a serious power shortage if it fails to come up with increased power generation, an analyst has warned. Nguyen Anh Tuan of the Institute of Energy said additions to the grid had reached only 69 percent of the target in the four years to 2010 “due to lack of funding, red tape, increasing cost of fuel and other inputs, difficulties in land acquisition and investors’ lack of capability”. Speaking at a power conference in HCM City last week, Tuan said the shortage would continue despite an annual increase in demand...

Vietnam faces serious power shortage

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