Vietnam to buy more electricity from Laos amid projected energy shortage

Vietnam is keen to import more electricity from Laos to address its projected energy shortages, according to a senior official.
Deputy Minister of Energy and Mines Dr Daovong Phonekeo told Vientiane Times on Wednesday that Vietnam is purchasing electricity from energy plants built by Lao and Vietnamese investors.
“From now until 2025, Vietnam will purchase 3,000MW of electricity from Laos at a price of 6.95 cents per kWh. It is expected that the amount of electricity sold to Vietnam will rise to 5,000MW between 2026 and 2030, with the price to be re-determined,” he said.

 Times Reporters

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Vietnam to buy more electricity from Laos amid projected energy shortage

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