Business News

  • EVN looks to make getting electricity easier

  • Tuesday, 3/21/2017

  • AsemconnectVietnam - Vietnam came 96th among 190 countries in the ease of getting electricity last year as shown by the Doing Business 2017 report of the World Bank, so the sector will try to improve the ranking by 30 places this year this year, according to HCMC Power Corporation.

  • Nguyen Van Ly, deputy general director of HCMC Power Corporation, or EVN HCMC, said at a conference in HCMC last week that the team responsible for doing the Doing Business report annually surveys the electricity market in the city based on factors such as procedures, time, cost, transparency of electricity pricing and reliability of electricity supply.

    The procedures for electricity meter installation and transformer station take 1.36 days and 5.74 days respectively. The stations which are not included in the zoning plan will need five more days, said Ly.

    According to the Doing Business report, the number of procedures for handling a request for electricity supply in 2016 fell from six to five. In addition, it takes 11 days from the date of a request for power supply being submitted to install an electricity meter for the customer, four days less than before.

    Statistics in HCMC show that in the last five years, power outages have plunged 20-40% against the previous five years. A customer faces five to six power cuts a year, Ly added.

    Source: thesaigontimes.vn

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