Electricity Sales From S. China To Vietnam More Than Triple YOY - Forbes

[hatrack]

BEIJING (XFN-ASIA) - State-owned China Southern Power Grid said it sold 268 mln kWh of electricity to Vietnam in June, up 320.34 pct year-on-year.

China Southern Power realized sales revenue of 12.05 mln usd from Vietnam during the month, the company said in a statement.

It also sold a total of 996 mln kWh to Vietnam in the first six months to June, booking a gain of 44.81 mln usd, the company noted.

China Southern now supplies electricity to Vietnam through two 220 kv and three 110 kv power grids, with supply output expected to surpass 2.5 bln kWh this year, it added.

The firm signed a 10-year 500 mln usd contract in Oct 2005 to sell electricity to the Vietnam National Power Co.

EDIT

http://www.forbes.com/markets/feeds/afx/2007/08/02/afx3979347.html

[YOY]

1. OK Thanks for telling me, but I think other DUers would be interested too

n/t

[hatrack]

2. HAH!

I had NO idea! :rofl:

[razzleberry]

3. 45 usd per megawatt-hour

reasonable,
assuming it is base load