Search

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).

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 National Power Transmission Corporation (EVN NPT) has just held a starting ceremony for an unconstrained loan of US$170 million from Nippon Export Investment Insurance (NEXI) for Vinh Tan Power Center – Song May turn – Tan Uyen transmission line investment. It is the result of over a year of active preparation for lending procedures between the sides.

Recently, the World Bank's independent evaluation team (IEG team) of the World Bank (WB) worked with the Ministries, Agencies, National Power Transmission Corporation (EVNNPT), and the units for accessing the efficiency of Transmission power grid (TEP) funding by WB loan capital.

As part of an extensive program to ensure a reliable national power supply in Vietnam, Siemens received an order from the state-run energy company, Electricity of Vietnam National Load Dispatch Centre (EVN NLDC), to improve the performance of the nationwide transmission grid. Siemens will supply and install products and systems for detecting and evaluating failure situations in the grid, for ensuring grid quality and for detecting and monitoring dynamic grid states.

The Vietnam Electricity National Power Transmission Corporation (EVNNPT) and the US Embassy in Vietnam held a seminar in late May to discuss opportunities in Vietnam’s power transmission development.

On December 5, Vietnam Citibank successfully arranged an US$ 245 million long-term (13 years)  export credit for National Power Transmission Corporation (EVNNPT). The credit is guaranteed by the Vietnamese Ministry of Finance and insured by the Japanese Export Credit and Investment  Insurance Agency (NEXI). This is a second credit  insured by NEXI for EVN NPT in Vietnam.

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.

On August 8th, 2014, in Hanoi,  the National Power Transmission Corporation (EVNNPT) held a Ceremony for publishing the Decision on the  appointment of Mr. Vu Ngoc Minh to the post of the Member of Member Council and General Director of EVNNPT replacing Mr. Nguyen Manh Hung who retires by regulations.

On November 3, 2021, the Government Office issued announcement No 296/TB-VPCP on the conclusion of Prime Minister Pham Minh Chinh at the meeting of the Government Permanent Council on land rent collection from the power transmission lines.

On June 22, chairing the Government's Standing Committee on the mechanisms for power plant and grid development, Prime Minister Nguyen Xuan Phuc emphasized that all economic backgrounds can participate in power generation and transmission electricity.

The National Power Transmission Corporation of Electricity of Vietnam (EVNNPT) and Belgium Elia Grid International (EGI) coordinated to hold a workshop for EGI to present the kick-off report under project “Evaluating the current situation of the National Power Transmission System and proposing solutions to overcome the shortcomings”.

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 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.