A power development plan for 2021-2030 with a vision to 2045 would not only meet electricity demand but also more importantly create a strong association between Vietnam and other countries in the region towards a competitive power market.
Deputy Minister of Industry and Trade Hoang Quoc Vuong made the statement at a conference held in Hanoi on Monday.
He said the power development master plan 8 had basically been completed and would be submitted to Prime Minister Nguyen Xuan Phuc for approval next month.
The country’s total power output is expected to increase by nearly 80,000MW by 2030. Large power sources such as coal, gas and liquefied natural gas (LNG) thermal power plants are expected to increase by over 30,000MW, while onshore and offshore wind and solar power plants will expand by approximately 50,000MW.
https://www.phnompenhpost.com/business/vietnams-master-plan-competitive-power-market