Vietnamese delegation conducts study tour on the PHL power industry

January 10, 2012 11:39 pm 

MANILA, Jan. 10 — Representatives from the Vietnamese power sector are currently in the country to learn about the local power industry specifically on establishing a power market.

The Vietnamese officials from the Ministry of Industry and Trade (MOIT), headed by Vice Minister Hoang Quoc Vuong, and the Electricity of Vietnam Corporation (EVN), headed by Vice President Duong Quang Thanh, met with Department of Energy (DOE) Chief of Staff and Undersecretary Josefina Patricia M. Asirit on Monday (Jan. 9) along with the directors and division chiefs from the Electric Power Industry Management and Energy Policy and Planning Bureaus of the DOE to get an overview of the Philippines’ power sector.

EVN is the largest power company in Vietnam and handles the production, transmission, distribution and trading of electricity in the neighboring country.

The Philippines started operating its power market in Luzon called as Wholesale Electricity Spot Market, operated by the Philippine Electricity Market Corp. starting in 2006.

In December 2010, PEMC integrated the operations of WESM Luzon to WESM in the Visayas allowing power traders and sellers to sell electricity between Luzon and the Visayas. (PNA) DCT/LAM/ASF/utb


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