Log in
Business

Hydropower in Laos to join Vietnam’s grid

The Hanoitimes - Song Da Group expects to put the 260-MW Xekaman 3 hydropower plant in Laos into operation in September, providing around 980 million kWh to Danang City’s power grid each year.

The Hanoitimes -  Song Da Group expects to put the 260-MW Xekaman 3 hydropower plant in Laos into operation in September, providing around 980 million kWh to Danang City’s power grid each year.


Speaking at a seminar o­n national power development plan in the 2011-2020 period in HCMC o­n Wednesday, Nguyen Anh Tuan, deputy head of the Vietnam Energy Institution, said operation of the plant would help ease power shortage in Central Vietnam.

Construction of the project began in 2007 with the total investment of nearly US$280 million.

Song Da Group is now building Xekaman 1 hydropower project in Laos, which has a total capacity of 322 MW. The project will be connected to Pleiku City’s power grid in Gia Lai Province.

Vietnam has plans to build eight more hydropower plants in Laos in the future.

Tuan said the Government prioritizes importing electricity from Laos, and then Cambodia and China. However, over the past two years, power projects Vietnamese companies invest in Laos and Cambodia have fallen behind schedule due to financial hardship and problems in site clearance and evacuation.

Therefore, the nation has to import electricity from China with an output of around 1,000 MW, or five billion kWh, each year, making up 3-4% of Vietnam’s total output.

Concerning the national power development plan, Tuan said the Government has given nod for Electricity of Vietnam to revise down the national power demand by 2015 with an annual average growth rate of 13%. The plan earlier forecasted a growth rate of 14% per year.

Accordingly, the nation’s total commercial power output will be 151.5 billion kWh in 2015, falling by 18 billion kWh compared to the plan. Of which, power demand of the South will be 79 billion kWh, a hefty decline of 9.7 billion kWh.

“Revising down power demand forecast means extending implementation progress of power plants by a year compared to earlier schedule. This will help avoids mistakes in construction and reduce investment pressure for power projects,” Tuan said.


 

Reactions:
Share:
Trending
Most Viewed
Hanoi’s Hi-tech & Industrial Parks: achievements and outlook

Hanoi’s Hi-tech & Industrial Parks: achievements and outlook

Hanoi’s hi-tech and industrial parks are emerging as key drivers of the capital’s economic transformation, attracting high-value investment, advancing innovation and strengthening supply chains as the city sets its sights on becoming a leading regional technology and manufacturing hub.

Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honored 50 listed companies for excellence in transparency at the 2025 Vietnam Listed Company Awards, which spotlighted standout annual reports, corporate governance and sustainability disclosures amid rising foreign investor interest and growing alignment with international reporting standards.

Vietnam to tighten biometric authentication for new bank cards next year

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.