Under the revised National Power Development Plan for 2021 - 2030 with a vision to 2050, Vietnam's power generation capacity will reach between 183,291 megawatts and 236,363.
A billion-dollar gas-fired power project, crucial to Vietnam's energy security, is on the brink of collapse due to a bitter land dispute between state-owned PetroVietnam Power and a local industrial park developer.
Deputy Prime Minister Tran Hong Ha urges Vietnamese firms to accelerate production of electric poles for the 500 kV Circuit 3 line project to meet its June 2024 completion deadline.
After facing electricity shortages last year, Vietnam is taking steps to ensure there is enough power to meet growing demand in 2024, especially during the peak dry season.