Vietnam slates construction
Vietnam is planning to build 15 new power stations by 2010 to meet demand and avoid blackouts, according to a statement from the state electricity company. Official predictions claim it would cost $1 to $1.5 billion a year to achieve a more immediate target of adding 3,000 MW to annual power capacity by 2000. Vietnam has 12 power stations generating about 4,400 MW with approximately 67 percent of that coming from hydroelectric facilities. Demand is predicted to grow by at least 11.6 percent annually through 2010.