SE Asia’s largest submarine power cable to transmit electricity by 2013
The 110KV Ha Tien – Phu Quoc submarine cable system project will soon commence and is expected to be completed in 2013.
Southern Power Corp. or EVNSPC and Italian-based Prysmian Powerlink Group have signed a contract for its execution, supply and installation.
Upon completion, the 55.813km cable system with a capacity of 131MVA will be the longest of its kind in South-East Asia.
The project has an estimated investment of US$118 million jointly funded by a World Bank loan and EVNSPC capital.
“Ha Tien – Phu Quoc 110KV submarine power cable project is aimed at increasing capacity of power supply for Phu Quoc in order to contribute turning Phu Quoc into an important economic special zone and a high-quality tourist region of the whole country,” said Nguyen Thanh Duy, EVNSPC chairman and general director.
The agreement was signed by Pham Ngoc Le, EVNSPC’s deputy general director, and Marcello Del Brenna, CEO of Prysmian Group, witnessed by leaders from the Government Office, Ministries and Sectors from central government, Kien Giang Province, Vietnam Electricity Corporation, and representatives of the Italian Embassy to Vietnam.
“This development will imply more projects to be implemented in the island, more international investments to come to Phu QUoc and clearly also power usage will increase,” said Marcello Del Brenna.
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