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Ensuring the progress of the smart power grid development project is an important factor to reduce power transmission, distribution costs and other costs to develop power sources. This objective was also stated in Prime Ministerial Decision 1670/2012/QD-TTg.

The Deputy Prime Minister Hoang Trung Hai directed the Ministry of Industry and Trade to speed the plan of the smart power grid development, enhance the power system operation efficiency, and stimulate the saving and efficiency energy use.

Germany committed to finance Vietnam EUR 350 million for implementing Project “Power grid Efficiency into medium and small cities”. The fund divided to EUR 200 million for stage I and EUR 150 million for stage II. Germany committed to finance Vietnam EUR 350 million for implementing Project “Power grid Efficiency into medium and small cities”. The fund divided to EUR 200 million for stage I and EUR 150 million for stage II.

The Central Power Corporation (EVNCPC) and the US Trade and Development Agency (USTDA) held a ceremony for signing a grand fund agreement for the project on building the implementing plan and overall architecture of information technology (IT) to develop smart power grid in EVNCPC to 2020, with a vision to 2025.

The Prime Minister has just approved a list of the stage 3 power transmission grid projects, invested by loan from Asian Development Bank (ADB) and the German Reconstruction Credit Institute (KFW).

The Electricity of Vietnam (EVN) has spent nearly 480 trillion VND (22.3 billion USD) to develop power plants and grids from 2011-2015 in compliance with the national power development plan.

Today, AES-VCM Mong Duong Power Company Limited completed a significant milestone – synchronisation of the gross 620 megwatt first unit of the Mong Duong II BOT Power Project to the national 500kV electrical grid.

Electricity of Vietnam (EVN) informed: Recently, there a number of power grid projects for releasing power of solar and wind projects was completed over progress. However, to strengthen the ability of the power grids for releasing power of renewable energy (RE) in Ninh Thuan and Binh Thuan provinces, EVN proposes to supplement a number  of power grid projects in these provinces to the power development planning (PDP).

In 2016, Southern Power Corporation (EVNSPC) has powered 619 power grid projects with a total investment level of about VND 6,548 billion. Among these projects there are many important projects.

The Prime Minister has agreed to allow adjusting and supplementing several 500 kV power grid projects.

The Prime Minister has approved the Draft agreement  between Vietnam’ Government and the German Reconstruction Credit Institute (KFW) on an € 65 million loan for the project: "Smart power grids -  Transmission efficiency (stage 1)".

The Central Power Corporation and Finland’s ABB Oy Company launched mini Supervisory Control and Data Acquisition (SCADA) system projects in the central and Central Highlands regions with the aim to develop a smart power grid there.

On November 12th, in Ha Noi, the State Bank of Vietnam (SBV) and World Bank (WB) had signed a credit loan agreement of  $500 millions for “Transmission Efficiency Project” of National Power Transmission Corporation (EVNNPT).

The Central Power Corporation (EVN CPC) informed, the power project to Ly Son island is being realized on schedule, and expected to be checked and taken over on Sep. 30, 2014.

On April 19, 2014 at Quan Lan Commune, (Van Don District, Quang Ninh Province), Quang Ninh provincal people committee(PPC), Electricity of  Vietnam (EVN) and Northern Power Corporation (EVN NPC) held the starting construction ceremony of Power grid project for powering Quan Lan, Minh Chau, Ban Sen, Ngoc Vung, Thang Loi Island Communes (Van Don District) by National Electricity Network.