Hanoi (VNA) - Over 21 trillion VND (913million USD) is needed to supply electricity to most rural households currentlywithout access, heard a consultation conference in Hanoi on December 18 to poolinvestment for power supply projects in rural, mountainous, and island areas inthe 2021-2025 period.
Speaking at the conference, Deputy Minister ofIndustry and Trade Dang Hoang An said Vietnam has posted major achievements inrural electrification, with the rate of power consumers increasing steadily.
By 2025, the country targets supplying electricity toover 871,000 households in more than 6,800 villages of 2,100 communes, and over2,600 small and medium-sized pumping stations in the Mekong Delta, and connectingto the national grid or providing renewable energy to islands belonging to QuangTri, Kien Giang, and Khanh Hoa provinces.
The 21.1 trillion VND in funding will come from theState budget. If Con Dao Island is also connected to the national grid, the investmentwill rise by a substantial 4.8 trillion VND.
An said that the Ministry of Industry and Trade (MoIT)has held working sessions with the World Bank (WB) and the Asian Development Bank (ADB)on two separate loans of about 360 million USD and 400 million USD.
Deputy Director of the MoIT’s Electricityand RenewableEnergy Authority Bui Quoc Hung said 1.55 million households in9,890 villages in all communes have been provided access to electricity, about21,000 of whom were given access to renewable energy.
Programme Leader for the EnergySector at the World Bank (WB) in Vietnam, Rahul Kitchlu, said Vietnam hasbecome a global model in terms of electrification, and many countries hope tolearn from its experience in the endeavour over the last two decades.
He added that the WB has raisednearly 2 billion USD out of 5 billion USD it committed to Vietnam, affirmingthat electrification is one of its priorities in the country.
Kitchul suggested that Vietnam introducea mechanism on cooperation between relevant ministries, agencies, and units andadopt technological advances in the field./.
