The proposed restructuring would separate electricity generation, transmission, distribution and retail, according to Bùi Quốc Hùng, deputy head of the ministry''s Electricity Authority of Vietnam.
Deputy Prime Minister Bùi Thanh Sơn at a conference on Thursday asked strict penalties to be raised against developers of stagnant power projects to prevent setbacks from threating the national energy security.
To meet the electricity demand with a growth rate of about ten per cent each year, the annual investment volume in power sources and grids must reach US$7.6 billion.
