Energy supply must be ensured for national growth: PM

Prime Minister Nguyen Tan Dung stressed the need to ensure power and coal supply in the decades to come for the sake of national growth and development.

Prime Minister Nguyen Tan Dung
Prime Minister Nguyen Tan Dung

The leader was speaking at a meeting of government standing members in Hanoi on January 19, held to scrutinise a project on fine-tuning the National Power Development Plan for 2011-2020 with a vision towards 2030, and another adjusting the Vietnam Coal Industry Development Planning to 2020 with a vision towards 2030.

He said the adjustment and supplement of the power and coal plans for 2016-2020, looking towards 2030, is necessary and urgent in order to fulfil new requirements of socio-economic development, as well as in the cause of industrialisation and modernisation.

The PM asked the Ministry of Industry and Trade to complete the two projects on the basis of opinions raised at the meeting and feedback received from related ministries and agencies, and then present them to the Government for approval.

The projects should be implemented in early 2016, he said, highlighting the efficient, economic and safe use of the energy sources, in tandem with sustainable growth and environmental protection, especially in regards to the close-control of coal-fired power plants.

Another important task is to actively fulfil international commitments on gas emission reduction and developing renewable sources of electricity, PM Nguyen Tan Dung noted.

The leader also affirmed efforts to continue implementing strict guidelines on nuclear power, approved by the Party Central Committee and the National Assembly, in line with the law.

The coal and electricity sectors were requested to pursue the open market mechanism, as they should be gearing towards a higher competitive edge - without turning into a monopoly or subsidising the price.

They should increase the application of scientific and technological advances to raise productivity and cut production costs, the PM said. He called on State-owned enterprises active in energy production and supply to better perform their key role in this field, while drastically speeding up the restructuring process.

At the meeting, the Deputy PMs and leaders of ministries and agencies discussed the implementation of the two plans and updated forecasts on national socio-economic development for 2016-2020 with a vision reaching towards 2030, as well as the country’s power and coal demands in the time ahead.