Illustrative image (Source: VNA) Hanoi (VNA) – The Electricity Vietnam’s CentralPower Corporation (EVNCPC) has announced that it plans to invest over 7.3trillion VND (317 million USD) in a power grid in the central and CentralHighland provinces this year.
Of the figure, 215.6 billion VND will be from the Statebudget, over 3.1 trillion VND is its own capital, more than 998.3 billion VNDis foreign loans and the remaining is commercial loans.
It will put into operation the first stage of a 10MW solarpower plant in the south central province of Khanh Hoa in June 2019 and thewhole plant in August 2019, and the second and third stage of a solar roof tileproject in the first and second quarter this year, respectively.
Apart from putting into use 51 110kV power grid works thisyear, EVNCPC will also launch three sub-projects on power distribution fundedby the Germany’s KfW Development Bank in the central province of ThuaThien-Hue, the Central Highlands provinces of Gia Lai and Kon Tum, a powersupply project using submarine cable system in Nhon Chau island, the centralprovince of Binh Dinh, a sub-project using loan from the Japan InternationalCooperation Agency (JICA) in Son Tra district, the central city of Da Nang andthree sub-projects with JICA loans in Phu Yen, Dak Lak and Da Nang.
The corporation will focus on highly effective projects onpreventing power oversupply, providing electricity for industries and services,review the effectiveness of grid works each year and the five-year plan in eacharea.
It plans to diversify capital sources at home and abroad viabond issuance, work closely with localities to promptly deal with siteclearance, raise public awareness of its policy of protecting grid works in thecentral and Central Highlands provinces.-VNA
Of the figure, 215.6 billion VND will be from the Statebudget, over 3.1 trillion VND is its own capital, more than 998.3 billion VNDis foreign loans and the remaining is commercial loans.
It will put into operation the first stage of a 10MW solarpower plant in the south central province of Khanh Hoa in June 2019 and thewhole plant in August 2019, and the second and third stage of a solar roof tileproject in the first and second quarter this year, respectively.
Apart from putting into use 51 110kV power grid works thisyear, EVNCPC will also launch three sub-projects on power distribution fundedby the Germany’s KfW Development Bank in the central province of ThuaThien-Hue, the Central Highlands provinces of Gia Lai and Kon Tum, a powersupply project using submarine cable system in Nhon Chau island, the centralprovince of Binh Dinh, a sub-project using loan from the Japan InternationalCooperation Agency (JICA) in Son Tra district, the central city of Da Nang andthree sub-projects with JICA loans in Phu Yen, Dak Lak and Da Nang.
The corporation will focus on highly effective projects onpreventing power oversupply, providing electricity for industries and services,review the effectiveness of grid works each year and the five-year plan in eacharea.
It plans to diversify capital sources at home and abroad viabond issuance, work closely with localities to promptly deal with siteclearance, raise public awareness of its policy of protecting grid works in thecentral and Central Highlands provinces.-VNA
VNA
