Vietnam Electricity (EVN) will earmark VND120billion for a power-saving programme in 2012, according to Vice-General Director of the Group, Nguyen Tan Loc.
The official unveiled the information during a conference to summarise the results of power-saving in 2011 and to deploy the power-saving project in 2012.
With the expense, the Group hopes to save some 1 per cent of the commercial power production in 2012.
The Ministry of Trade and Industry at the conference underlined that the power-saving programme will be focused on industry and transport as well as residential and commercial sectors.
Especially, the Ministry will carry out inspections of power use effectiveness in some 1,200 companies and firms, under the Laws on effective and economical use of energy.
The Deputy-Minister of Trade and Industry, Hoang Quoc Vuong, said that, although shortage of power may not occur in 2012, saving energy should always be viewed as the first and foremost policy as the material sources for power production become more exhausted.
Translated by Thu Nguyen