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No electricity price hikes this year

时间:2024-03-28 22:38:54  来源:http://24hourpack.com  阅读:

No electricity price hikes this year

HÀ NỘI — There are no plans to increase electricity prices this year, according to the Electricity Regulatory Authority of Việt Nam.

At a recent meeting of the Ministry of Industry and Trade discussing the fight against the novel coronavirus (COVID- 一 九) pandemic, director of the Electricity Regulatory Authority Nguyễn Anh Tuấn confirmed that there would be no increases in electricity prices this year, in line with the Government’s request.

No electricity price hikes this year

Tuấn said that the authority asked Việt Nam Electricity (EVN) to strictly comply with regulations on retail electricity prices.  

Close watch would be placed on electricity consumption to raise measures for operating the power system in the most efficient way, together with reducing energy losses and improving labour productivity to lower production costs.

According to the Ministry of Industry and Trade, energy consumption saw significant decreases in the first two months of this year. Statistics showed that as of March  一 九, average power consumption was at  六 二 三 million kWh per day, much lower than the planned volume of  六 九0. 七 million kWh.

Sectors which saw strongest declines in power consumption were industrial production, trade and services.

No electricity price hikes this year

Under the ministry’s Directive No 0 六/CT-BCT to fight the COVID- 一 九 pandemic, the ministry called for no increases in the electricity price until the end of the second quarter at the earliest to support businesses amid the COVID- 一 九 pandemic.

Deputy Minister of Industry and Trade Hoàng Quốc Vượng also asked EVN to act to ensure enough power supply for socio-economic development with a focus on speeding up the construction of power projects. — VNS

No electricity price hikes this year

 

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