Business

Over 62 trillion VND needed to build power grids in the south

The Southern Power Corporation of the EVN needs over 2.79 billion USD to carry out nine power transmission projects in the southern region and fulfil its rural electricfication targets in 2016-2020.
Over 62 trillion VND needed to build power grids in the south ảnh 1 Illustrative photo (Photo:VNA)

Can Tho (VNA) – The Southern Power Corporation of the Electricity of Vietnam (EVN) needs over 62 trillion VND (2.79 billion USD) to carry out nine power transmission projects in the southern region and fulfil its rural electrification targets in 2016-2020.

Speaking at a conference in the Mekong Delta city of Can Tho on June 24, Deputy Director of the corporation Nguyen Phuoc Duc said the money will be sourced from the State budget, official development assistance (ODA) loans, domestic commercial lending, domestic preferential loans and advances from customers.

The projects include one to provide electricity to over 6,100 ethnic Khmer households in the Mekong Delta province of Kien Giang, and another using loans from the German Development Bank to reduce emissions in energy supply.

It will also build a 110kV power line (152km) and a dozen of 110kV transformer stations, as well as carry out the third phase of a World Bank-funded project to support the development of electricity reform policy.

One project using loans from the Japan International Cooperation Agency (JICA) will build medium and low voltage lines.

Other schemes involve upgrades to the power distribution network in small- and medium-sized cities across 21 southern localities, especially building and reinforcing the 110kV power grids, and upgrading and expanding medium and low voltage grids.

More than 5,800 km of medium voltage line along with over 9,000 km of low voltage line and nearly 511,000 MVA transformer stations will be constructed.

A project will be carried out to provide electricity for the island communes of Hon Thom and Son Hai, and Phu Quoc island district in Kien Giang province.

Additionally, the Southern Power Corporation will develop the power grid in remote and mountainous areas to meet the target on rural households’ access to electricity by 2020.

The company strives to supply efficient electricity for 21 cities and provinces in the south during 2016 and the following years, while ensuring an average power growth of 10.5-12 percent per year and a reduction in power cuts by 2020.

Close to 49.4 billion kWh of commercial electricity were supplied to 21 southern cities and provinces in 2015, a year-on-year increase of 10.74 percent.

In the first five months of this year, nearly 22 billion kWh of electricity were supplied, representing a yearly rise of 13.31 percent.

To ensure supply, the corporation invested over 18 trillion VND (810 million USD) to build power grids in the south between 2011-2015.-VNA

VNA
#Southern Power Corporation #power transmission projects #rural electrification
Follow VietnamPlus

Related News

See more

At Xa Mat international border gate (Photo: VNA)

📝OP-ED: Decree 46 - Not proof of distorted “systemic failure”

Temporary suspensions, adjustments, or revisions of newly enacted policies are never ideal and should be minimised. Yet such course corrections occur worldwide, irrespective of a country's development stage or market-economy maturity. What counts is rapid remediation to contain losses, extraction of lessons to prevent recurrence, and firm resistance to the dissemination of misleading or hostile allegations, which will help both enforcers and those subject to compliance maintain clarity and composure.

Delegates at the signing ceremony of the MoU between the Brazil–Vietnam Chamber of Commerce (BVC) and the Espirito Santo Chapter of the Brazil–Vietnam Chamber of Commerce and Industry (CCBV-ES). (Photo courtesy of the Vietnamese Embassy in Brazil)

Vietnam, Brazil step up trade promotion cooperation

The Brazil–Vietnam Chamber of Commerce (BVC) and the Espirito Santo Chapter of the Brazil–Vietnam Chamber of Commerce and Industry (CCBV-ES) recently inked the MoU to enhance cooperation and expand business opportunities for enterprises from the two countries, with support from the Vietnamese Embassy in Brazil.

Chua Ve container port in Hai Phong (Photo: nhandan.vn)

Vietnam accelerates green transition for seaports

In recent years, while expanding infrastructure and boosting operational efficiency, the country has steadily rolled out a national green port initiative to align with international standards and encourage sustainable growth in the maritime industry.

More than 4.1 million air passengers are forecast during the peak travel period of the Lunar New Year 2026. (Photo: VNA)

19 additional aircraft to be deployed to serve Lunar New Year peak period

During the pre-Tet peak, several routes from Ho Chi Minh City to destinations such as Hue, Thanh Hoa, Vinh, Pleiku, Tuy Hoa, Quy Nhon, Chu Lai and Dong Hoi have recorded booking rates above 90%, with some reaching 100%. In contrast, return flights from localities to Ho Chi Minh City remain low, with many flights reporting booking rates below 35% and several operating as ferry flights to return aircraft.

Shoppers at the first Glorious Spring Fair (Photo: VNA)

Spring Fair 2026: Opportunities for businesses to expand connections

Many businesses are doing more than presenting product functions; they are also telling the story of their raw-material regions, production processes, and social and environmental responsibility. This reflects a clear transition: companies are no longer competing solely on price, but increasingly on perceived value and consumer trust.

Vietnam Airlines will deploy wide-body Airbus A350 aircraft on its new nonstop Vietnam–Netherlands service starting June 16. (Photo: VNA)

Vietnam Airlines to launch first nonstop Hanoi–Amsterdam route

Nguyen Quang Trung, Deputy General Director of Vietnam Airlines, said that the nonstop Hanoi–Amsterdam route marks an important milestone in the carrier’s European network expansion strategy. Its presence at one of the world’s leading aviation hubs will not only broaden the airline’s business opportunities but also help strengthen economic, trade and investment connection, as well as people-to-people exchanges between Vietnam and the Netherlands, and Europe in general.

Central Highlands region's products on display at the first Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026: Traditional flavours find new pathways to market

Products rich in traditional flavours - from confectionery and processed agricultural goods to highland tea - are presented in refreshed designs that preserve cultural identity while meeting rising market standards, opening up prospects for expanded consumption and gradual entry into export markets.