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Vietnam in deals to buy Laos electricity from 2021

Vietnam in deals to buy Laos electricity from 2021

13 Sept 12:59 Key points summarised by AI
  • Vietnam's state electricity firm EVN signed five new deals to import power from Laos starting in 2021, aiming to mitigate severe power shortages projected for Vietnam.
  • These agreements will source 363 megawatts from five Laotian hydropower plants, with purchases beginning in 2021 and 2022, as Vietnam's demand is expected to exceed supply by billions of kWh.
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