
EVN proposes taking charge of new energy projects
The Vietnam Electricity (EVN) would like to remain the investor of new energy projects, including nuclear power plants in the central province of Ninh Thuan, said Director Nguyen Anh Tuan.
The Vietnam Electricity (EVN) would like to remain the investor of new energy projects, including nuclear power plants in the central province of Ninh Thuan, said Director Nguyen Anh Tuan.
The 500 kV Lao Cai – Vinh Yen transmission line is a strategic national infrastructure project approved by the Government, with Vietnam Electricity (EVN) as the investor. The double-circuit transmission line will span 229.5 kilometers, with 468 tower foundations across the four northern provinces of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc. The total investment for the project is over 7.41 trillion VND (290.41 million USD).
Power Transmission Company No. 3 (PTC3) manages the power grid across nine provinces in Vietnam’s central and Central Highlands regions, overseeing 2,338 km of 500kV transmission lines and six substations. To ensure safe and stable operations, PTC3 applies advanced technology in management, enhancing power efficiency and supporting national development.
The Monsoon – Thanh My 500kV transmission line project is designed to import electricity from Laos’ Monsoon wind power plant to Vietnam, adding 600 MW to the national power grid during the 2024–2025 period.
Six State–owned enterprises (SOEs) with a total State stake of 800 trillion VND (31.5 billion USD) will be transferred back to the Ministry of Industry and Trade (MoIT) after six years under the management of the Commission for the Management of State Capital at Enterprises (CMSC).
Quang Trach – Pho Noi 500kV circuit-3 power transmission line is a key project with a total investment of nearly 880 million USD. Spanning 9 provinces, the 519-km power transmission line plays an important role in enhancing the operational stability for the electricity supply system in the north in 2024 and following years, contributing to ensuring the national energy security.
Vietnam's 4G mobile network coverage now reaches 99% of the population, bringing the country close to the level of developed nations, which is at 99.4%, Minister of Information and Communications Nguyen Manh Hung affirmed at a Q&A session as part of the 15th National Assembly’s ongoing 8th sitting on November 12.
Vietnam needs to consider the development of battery energy storage system (BESS) while the country is on a path towards promoting renewable energies to ensure energy security and sustainable development, experts have said.
Up to 1,499 out of 1,678 medium-voltage power lines affected by Typhoon Yagi had been restored to operation as of September 13 morning, said state-run Vietnam Electricity (EVN).
Vietnam Electricity (EVN) on September 11 announced that it has resumed electricity supply to more than 4.8 million customers out of over 5.9 million clients who have suffered from power outage due to Typhoon Yagi.
Minister of Industry and Trade Nguyen Hong Dien chaired a working session with energy and mineral enterprises in Hanoi on August 27 to discuss the promotion of coal trading with Laos.
Prime Minister Pham Minh Chinh has demanded relevant sides mobilise every resource to speed up the construction of the Circuit-3 500kV power transmission lines so as to inaugurate the entire network before September 2.
The Ministry of Industry and Trade (MoIT) has proposed two state-owned energy corporations or military-run units be selected to develop offshore wind power projects, given their available resources and considerable experience in the management and operation of power plants and transmission system, as well as national security issues.
Thirty years ago, at 7:07pm on May 27, 1994, the 500kV power transmission line system was officially put into operation. This was said to be a miracle of the 20th century since it set unprecedented records such as the length of nearly 1,500km, complex technology, and design and construction conducted concurrently in just two years.
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of 26.77 trillion VND (1.053 billion USD) on high electricity production costs, according to its audited financial report.
Prime Minister Pham Minh Chinh on June 1 demanded mobilising local resources for ensuring logistics and enhancing support for the construction of the Circuit-3 500kV power transmission line.
The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at 0-2,590.85 VND per kWh for this year.
Due to intense heat waves, the electricity consumption across the country reached a new record of 1.001.9 billion kWh on May 28, surpassing the 1 billion kWh mark for the first time in history.
A mechanism that enables large buyers to purchase electricity from renewable energy producers through direct power purchase agreements (DPPA) will help resolve the supply and demand of renewable energy, the Vietnam Chamber of Commerce and Industry (VCCI) has said.