Prime Minister Pham Minh Chinh on April 23 signed a dispatch on implementing drastic, concerted and effective solutions to ensure the supply of electricity during the peak period of 2025 and the coming years.
The PM requested the Minister of Industry and Trade to urgently organize the implementation of the revised National Power Development Plan for 2021 - 2030 with a vision to 2050 (PDP8) . The minister is responsible to the Government and the Prime Minister for ensuring an adequate electricity supply to serve production, business activities, and the daily life of the people.
The PM asked relevant ministries, agencies and localities to ensure water storage and adequate coal and gas supply for hydroelectric plants, coal-fired thermal power plants, and gas-fired thermal power plants.
He also encouraged the exploitation of solar and wind power plants, as well as required to speed up the implementation of power projects, particularly the Nhon Trach 3 and 4 Thermal Power Plants in the southern province of Dong Nai, with a combined capacity of 1,624 MW.
The electricity demand in 2025 is forecast to grow by up to 12.2% year-on-year, higher than the 10.1% increase recorded in 2024. The national peak load is expected to reach 54,510 MW, up 11.3% year-on-year.