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HCMC not to lack power if consumption saved by 6 percent

In Uncategorized on April 22, 2010 at 4:12 pm

HCMC not to lack power if consumption saved by 6 percent

QĐND – Thursday, April 22, 2010, 21:43 (GMT+7)

The Ho Chi Minh City Power Corporation has taken essential measures to ease power shortage in this dry season, the Corp’s head said, adding that the city will not suffer such a shortage if administrative agencies and households can reduce their power use by six percent.

In a recent interview with SGGP, Le Van Phuoc, general director of the HCMC Power Corporation, said the firm has set up teams to streamline the power supply source to maintain a stable supply to customers, especially producers of goods for export.

The corporation has stepped up the repair, maintenance and upgrade of the power grid to improve its supply capacity and arranged those works in better ways to minimize their impacts on power users, Mr. Phuoc said.

The firm has also called on large companies to use their own diesel-run generators in case of power supply shortage.  

However, he emphasized that an efficient, economical use of power is one of the key measures to ease power shortage.

With a total power consumption of 44.6 million kWh per day, the city now faces a daily shortage of about 1.1 million kWh. Meanwhile, the administrative sector and households account for about 40 percent, or 17.84 million kWh, of the total consumption. Therefore, if they can reduce their use by 6 percent, or 1.07 million kWh, the city will see no lack of electricity, he said.

Asked about recent power cuts, he explained they were made because of regular maintenance services or incidents, including cases in which power was automatically cut off as a result of an overload of the grid. “Such power cuts often lasted a short time,” he added.

“We never randomly cut power supply to customers, and in case a cut is needed, it cannot be made without a prior notice,” he asserted.

Cutting power must comply with the Electricity Law and must be informed in advance to customers via broadcast stations and newspapers, he said.

The corporation has yet to consider a power-cutting plan, since the National Power System Moderation Center has streamlined the power allocation on a daily basis to each power corporation to make the use of electricity more proper, balanced and efficient, he confirmed.

Source: SGGP

Source: QDND

ACB, insurer Prevoir assure consumption borrowers

In Vietnam Banking Finance on November 19, 2009 at 9:58 am

Unidentified representatives of Asia Commercial Bank and Prevoir Vietnam shake hands after signing their deal on Nov. 12 (Filed photo)

Asia Commercial Bank (ACB) and life insurer Prevoir Vietnam signed a deal Nov. 12 to provide insurance service for those who borrow money with mortgage at the bank for consumption purposes.

The Ho Chi Minh City-based bank plans to make this product available at all branches and transaction offices in the city late this month.

The product is designed for customers aging from 20 to 60. In a case of death or being disabled permanently for any reason, Prevoir Vietnam will pay all the debt to the bank for that customer.

ACB and Prevoir Vietnam has cooperated in introducing different kinds of assurance for the bank’s customers since 2005. So far, more than 12,000 of ACB customers have got insurance coverage from Prevoir Vietnam.

Source: SGGP Bookmark & Share