EVNNPT Seeks Financing for 8 Power Transmission Projects Worth Over EUR 200 Million

Under Official Letter No. 5469/EVNNPT-TCKT, EVNNPT has invited banks to submit competitive proposals for arranging financing for the eight projects. As the project owner, EVNNPT has assigned the National Power Transmission Project Management Board (NPTPMB), the Northern Power Projects Management Board (NPMB), and the Southern Power Projects Management Board (SPMB) to oversee project implementation.

EVNNPT is seeking financing totaling EUR 200.9 million for eight power transmission projects.

The financing requirements for the eight projects are as follows:

Ung Hoa 220 kV Substation and Connecting Lines: EUR 13.3 million (VND 406 billion).

1. Tan Viet 220 kV Substation and the Tan Viet–Gia Loc Tap-off–Pho Noi 220 kV Transmission Line: EUR 18.6 million (VND 572 billion).

2. Dong Anh 500 kV Substation–Van Tri 220 kV Transmission Line: EUR 35.3 million (VND 1,084 billion).

3. Ben Cat 2 220 kV Substation and Connecting Lines: EUR 31.6 million (VND 967 billion).

4. Long An 500 kV Substation and Connecting Lines: EUR 39 million (VND 1,194 billion).

5. Ly Nhan 220 kV Substation and Connecting Lines: EUR 13.5 million (VND 414 billion).

6. Thanh Ha 220 kV Substation and Connecting Lines: EUR 20.1 million (VND 617 billion).

7. Bac Ninh 500 kV Substation–Bac Ninh 4 220 kV Transmission Line: EUR 29.5 million (VND 905 billion).

The projects will strengthen transmission capacity to meet growing electricity demand in Hanoi, Hai Phong, Bac Ninh, Ninh Binh, Tay Ninh, and Ho Chi Minh City. They will also improve grid connectivity, ease loading on existing substations and transmission lines, enhance power system reliability, safety, and operational stability, and reduce electricity losses.

In particular, projects in Hanoi, Bac Ninh, and Hai Phong will help meet rising electricity demand from industrial and urban development, while those in Tay Ninh and Ho Chi Minh City will strengthen power supply in areas experiencing rapid economic and industrial growth.

The competitive financing process reflects EVNNPT’s proactive efforts to mobilize financial resources for the development of the power transmission system. The projects span northern and southern Vietnam and comprise 220 kV and 500 kV substations and connecting transmission lines, with implementation overseen by EVNNPT’s project management boards.

EVNNPT invites interested banks to submit proposals to arrange financing for the projects. Proposals should be submitted to Room B219, Finance and Accounting Department, EVNNPT, No. 27, Lane 68/37, Cau Giay Street, Nghia Do Ward, Hanoi, Vietnam. The deadline for submitting proposals for all eight projects is 8:30 a.m. on November 27, 2026.

EVNNPT expects banks’ participation to provide additional financial resources, facilitate the implementation of the projects as scheduled, and support the continued development of Vietnam’s power transmission network./.