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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Friday, July 4, 2025

PM wants 500kV transmission line done within six months

By Minh Hieu

Must read

HCMC – Prime Minister Pham Minh Chinh has ordered the 500kV Lao Cai-Vinh Yen transmission line project to be completed within six months, setting a deadline of August 31.

Speaking at the groundbreaking ceremony on March 16, the prime minister underscored the project’s critical role in securing a stable power supply, ensuring energy security, and supporting economic growth in northern Vietnam, reported the Government news website (baochinhphu.vn).

The Lao Cai-Vinh Yen transmission line is a key national infrastructure project, with state utility Vietnam Electricity Group (EVN) serving as the investor.

PM Chinh urged contractors to accelerate construction, calling for an intense work schedule that includes night shifts and holiday work to meet the completion target.

He also directed local authorities to expedite land allocation for resettlement and relocate affected households swiftly to facilitate site clearance.

Spanning 229.5 kilometers across four provinces—Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc—the transmission line includes 468 tower foundations, connecting the 500kV Lao Cai substation with the 500kV Vinh Yen substation.

With a total investment exceeding VND7.41 trillion, the project is 80% funded through bank loans and 20% from EVN’s own capital.

Once operational, the transmission line will have a capacity of 3,000MW, facilitating the transmission of electricity from hydropower plants in the northwestern region and neighboring provinces to the national grid. The project is expected to strengthen regional power connectivity, reduce transmission losses, and improve the efficiency of EVN’s electricity supply.

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