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Jan 23, 2017 / 15:51

Vietnam to spend over 900 mln dollars on national power transmission network in 2017

Vietnam`s National Power Transmission Corporation (EVNNPT) planned to put into operation 63 projects worth over 21.2 trillion Vietnamese dong (934.43 million U.S. dollars) in 2017.

The key power transmission projects include a 500kV line, two 220kV lines, a 500kV transformer station, and transmission lines connecting with the country's northern Thai Binh thermal power plant.
In addition, several major upgrade projects to ensure power supply for capital Hanoi, southern economic hub of Ho Chi Minh City, as well as key economic zones in the north and the south are also expected to be completed.
In 2016, Vietnam invested more than 134.85 trillion Vietnamese dong (5.93 billion U.S. dollars) into boosting the national power grid capacity. It was 1.8 percent higher than the figure the group had planned for 2016.
The state-run power group Electricity of Vietnam (EVN) put into operation five turbines at northern Lai Chau and Huoi Quang hydro-power plants as well as southern Duyen Hai thermal power plant with combined capacity reaching 2,305 mega watt.
The EVN also joined Cai Chien island in the northern province of Quang Ninh, Cu Lao Cham island in the central province of Quang Nam and Lai Son and Hon Nghe islands in the southern province of Kien Giang to the national grid last year.
Also, the group completed 297 projects on upgrading and expanding the national grid, including transformer stations and transmission lines which are key to power security in the south, electricity transmission capacity between the north and the south, and electricity supply for capital Hanoi and key northern economic zones.