PRIME MINISTER
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SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom - Happiness
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No: 854/QD-TTg
Ha Noi, July 10, 2012
 
DECISION
ON APPROVING THE 5 YEAR BUSINESS DEVELOPMENT PLAN AND INVESTMENT OF ELECTRICITY OF VIETNAM PERIOD 2011 – 2015
PRIME MINISTER
 
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to Decision No. 176/QD-TTg dated October 5, 2004 of the Prime Minister approving the strategy of Vietnam Electricity Sector Development period 2004 - 2010 and orientation to 2020;
Pursuant to Decision No. 1855/QD-TTg dated December 27, 2007 of the Prime Minister approving the national energy development strategy of Vietnam by 2020, with a vision to 2050;
Pursuant to Decision No. 1208/QD-TTg dated July 21, 2011 of the Prime Minister approving the national electricity development plan period 2011 - 2020 with a vision to 2030;
Considering the proposal of Minister of Industry and Trade
DECIDES:
Article 1.Approving the 5 year business development plan and investment of the Electricity ofVietnam (EVN) for the period 2011 – 2015 with the following major contents:
I. GENERAL OBJECTIVES
1. Developing the Electricity of Vietnam into a powerful economic group which plays a key role in the electricity sector; ensuring security and quality of electricity supply and meeting the requirements of economic and social security development.
2. Improving the efficiency in business and production and development investment through the optimal use of all available resources, focusing on key areas: operation management and investment to develop the power source, transmission electricity grid, distribution and sale of electricity.
II. MAIN TASKS
1. Investing in power source and power grid investment in the national electricity development plan period 2011 - 2020 with a vision to 2030 to ensure adequate supply of electricity demand for the national economy.
2. Being responsible for purchasing electricity from the power sources, power import, management and operation of transmission electricity grid and distribution electricity grid, performing a key role in securing the power supply to the nation.
3. Implementing the measures to further reduce the power loss, the saving program in the production, transmission and distribution of electricity.
4. Implementing the program to provide electricity to rural and mountainous areas as planned, by 2015, 98% of rural households and by 2020 most of the rural households have access to electricity.
5. Performing assigned tasks in the construction and development of the electricity market in accordance with the roadmap approved by the Prime Minister.