Vietnam Electricity to speed up projects in 2019 amidst rising demand

It wants to accelerate the construction of transformer stations and start operations of a line in South Saigon.

Vietnam Electricity (EVN) will accelerate its projects in 2019 to meet rising demand and ensure sufficient supply for the year, Vietnam Energy reports.

The projects include 220kV transformer stations in Luu Xa, Quynh Luu and Quang Chau and the Binh Long – Tay Ninh 220kV line. EVN will also hand over the site for the construction of a 500kV line.

It also eyes switching on the operations of the South Saigon – Precinct 8 220kV line in December 2018.

EVN is also turning its affiliate Electricity Generation Corporation 3 (EVNGENCO3) into a shareholding company. It eyes doing the same with EVNGENCO2 and EVNGENCO1 following the prime minister's guidelines.

The report added that ensuring electricity supply at reasonable prices has been a headache for authorities due to rising demand and increased demands from foreign investors that operate their factories in Vietnam.

Photo by Maurice Koop, CC BY-ND 2.0

Also Read

ADB grants $15m to boost Tajikistan’s grid upgrade

Eco Wave enters Asian market with onshore wave project in Taiwan

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit