Vietnam's electricity loss at $310.4M in Jan-May
Vietnam's total electricity loss in the first five months of this year is estimated at $310.4 million by the Electricity of Vietnam Group.
The electricity loss in the period was over 5.3 billion kWh, or 11 percent of the total electricity production and purchase, said the report on electricity supply situation in the first five months of 2012.
The reasons were attributable to old transmission lines, overloading, locking connectors, distribution wires, and old substations, said Tran Viet Ngai, chairman of Vietnam Energy Association..
These technical losses accounted for up to 50 percent of the total electricity loss volume.
In addition, there are also commercial losses due to electricity theft in rural areas and industrial production firms making up the rest of about 50 percent of the total electricity loss.
The ratio is exceeding the target of electricity loss ratio at 9.5 percent set by EVN for 2012.
Vietnam’s electricity loss ratio is at high level compared to that in the Philippines, Singapore, Malaysia, Indonesia or Thailand which have the electricity loss ratio of about 4-5 percent only, said Ngai.
EVN is striving to reduce the ratio to 8.9 percent by 2015, he said.