ID :
45062
Wed, 02/11/2009 - 15:35
Auther :
Shortlink :
http://m.oananews.org//node/45062
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PM approves renewable energy, power projects
HCM City (VNA) - Prime Minister Nguyen Tan Dung on Feb. 6 gave the nod for a 205 million USD project to develop renewable energy and upgrade networks supplying power to remote areas around the country.
The "Renewable energy development and electric grid upgrade and expansion in remote
communes" programme is being funded by the Asian Development Bank.
According to the energy sector, Vietnam has everything required to develop
renewable energies from solar, wind, geothermal and, especially, hydro-power
sources.
With nine major river systems, it is considered one of 14 top countries in terms of
hydropower potential.
But it has failed to make full use of this potential, largely due to the relatively
high costs and technology issues.
The country has 500 small hydropower stations with a combined output of 135 MW.
On the same day, Dung also approved a loan agreement for the "Partnership for the
poor in agro-forestry development in northern Bac Kan province" project funded
by the International Fund for Agriculture Development.
The Minister of Finance will soon sign the agreement.
Earlier, the PM ratified the 600,000 USD "Increasing social auditing capacity of the
socio-economic development plan 2006-10" project sponsored by the United Nations
Children's Fund.-Enditem
The "Renewable energy development and electric grid upgrade and expansion in remote
communes" programme is being funded by the Asian Development Bank.
According to the energy sector, Vietnam has everything required to develop
renewable energies from solar, wind, geothermal and, especially, hydro-power
sources.
With nine major river systems, it is considered one of 14 top countries in terms of
hydropower potential.
But it has failed to make full use of this potential, largely due to the relatively
high costs and technology issues.
The country has 500 small hydropower stations with a combined output of 135 MW.
On the same day, Dung also approved a loan agreement for the "Partnership for the
poor in agro-forestry development in northern Bac Kan province" project funded
by the International Fund for Agriculture Development.
The Minister of Finance will soon sign the agreement.
Earlier, the PM ratified the 600,000 USD "Increasing social auditing capacity of the
socio-economic development plan 2006-10" project sponsored by the United Nations
Children's Fund.-Enditem
