Vietnam, US talk power transmission opportunities

The Vietnam Electricity National Power Transmission Corporation (EVNNPT) and the US Embassy in Vietnam held a seminar in Hanoi on May 30 to discuss opportunities in Vietnam’s power transmission development.

Thursday, May 30, 2019 20:08

Vietnam, US talk power transmission opportunities ảnh 1

At the event (Photo: VNA)

Hanoi (VNA) – TheVietnam Electricity National Power TransmissionCorporation (EVNNPT) and the US Embassy in Vietnam held a seminarin Hanoi on May 30 to discuss opportunities in Vietnam’s power transmissiondevelopment.

Speaking atthe event, Chairman of EVNNPT’s Management Board Dang Phan Tuong said EVNNPT iswholly owned by the State and in charge of building and operating the nationwide220kV and 500kV power transmission system. It has a chartered capital of 1.1billion USD and combined assets worth 3.6 billion USD.

At present,the national power transmission system has 25,203 km of 500 kV and 220 kVlines, ranking third in ASEAN and eighth in Asia; alongside 153 transformerstations 500kV and 220kV with a total capacity of 91.256 MVA, placing fourth inASEAN and 11th in Asia.

EVNNPT hasset the goal of becoming one of the top four power transmission utilities inASEAN by 2020, top 10 in Asia by 2025 and meeting global standards by 2030.

To that end,it has adopted synchronous measures in construction and operation, finance andcapital raising, corporate governance, technological adoption, human resourcesdevelopment, environment protection, climate change response, communications,and external relations.

USAmbassador to Vietnam Daniel Kritenbrink said the event affords EVNNPT and USfirms a chance to discuss cooperation activities in the future.

He suggestedthat EVNNPT expand ties with financial organisations and suppliers of equipment,technology, and services in power transmission from the US.–VNA

VNA

♏#Vietnam Electricity National Power Transmission Corporation #Vietnamplus #Vietnam News Agency #US Embassy in Vietnam #national power transmission system United States Vietnam

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