Electric sector hopes to receive sharing of clients

Employees of Binh Duong Electricity Company upgrade a power grid.

Binh Duong Electricity Company’s leaders said that after 15 days (from March 16) of implementing increase in power retail rate from VND1,508.85/kWh to VND1,622.01/kWh in line with the Ministry of Trade and Industry’s Decision No. 2256/QD-BTC, clients have yet to reflect to electric sector.

Spurring dissemination

Before applying new price of electricity in line with Decision No.2256/QD-BTC, Binh Duong Electricity Company carried out dissemination on various forms such as cooperating with Binh Duong Television and Radio Station, Binh Duong Newspaper to inform new price rate of power for enterprises, households, working with local radio stations to disseminate the new price rate as well as distributing leaflets across public areas, lodging houses and factories and more.

Do Hoang Son, head of Binh Duong Electricity Company’s Business Department said that until now the company has calculate 24,965 electricity meters of business workshops, enterprises and 332,240 meters of households. The calculation was implemented in publicity, transparency. There are no clients reflecting on this job.

Adapting to changes

This statement is from Pham Van Xo, head of the provincial Importers and Exporters Club. He added that after a long time of integration into the world economy, Vietnam has gradually raised its position on the world market. This is a great advantage for Vietnamese commodities to integrate and compete with other nations’ goods. In the eye of foreign investors, Vietnam is no longer a cheap price market but becomes a higher market. This makes business administrators adapt to real conditions of labor price, electric price, petrol price and other costs that will be adjusted properly.

Meanwhile, Nguyen Thanh Nghia, general director of Dai Thien Loc JSC said that with increase of only VND113 per kWh, makers of steel, cement, etc must re-calculate volume of electric consumption. Owing to the global economic recession and domestic real estate market, the company’s factory only operates one third of capacity but energy price increases VND273mn per month. Electricity price hike will make enterprises and households accept because this is a common situation.

Reported by D.Chi – Translated by A.C