The POWERCHINA delegation was led by Mr. Du Haiyang, Deputy General Manager of POWERCHINA for Asia. Representatives from POWERCHINA Vietnam and the Beijing Engineering Corporation Limited under POWERCHINA also attended the meeting.

POWERCHINA delegation, right, at meeting with EVN on afternoon of July 10.

At the meeting, POWERCHINA representatives expressed their interest in further strengthening cooperation with EVN, initially focusing on studying solutions for the rehabilitation, upgrading, and capacity expansion of existing hydropower plants, as well as the development of pumped-storage hydropower projects. They also proposed exchanging experience in renewable energy and power grid infrastructure.

EVN Vice President Pham Hong Phuong highly appreciated POWERCHINA’s experience and encouraged the company to further study Vietnam’s power development orientations and propose technically feasible, cost-effective solutions that comply with applicable laws and regulations.

He noted that Vietnam’s electricity demand is projected to remain high in the coming years, requiring the coordinated development of different power generation sources and the transmission grid to ensure a safe, reliable, and stable electricity supply for socio-economic development. As Vietnam advances its energy transition, existing hydropower plants will continue to play an important role in system operation, frequency and voltage regulation, and the overall flexibility of the power system. Any rehabilitation, upgrading, or capacity expansion of hydropower facilities should therefore be assessed on the basis of investment efficiency, technical conditions, dam and facility safety, and system operational requirements.

EVN Vice President Pham Hong Phuong also highlighted Vietnam’s potential for pumped-storage hydropower development, particularly after 2030, as the share of wind and solar power in the national power system continues to grow. Pumped-storage hydropower is expected to become an important solution for balancing supply and demand and supporting the stable operation of the power system.

The two sides also exchanged views on the progress of several pumped-storage hydropower projects currently under development or study in Vietnam and shared international experience in topographical and geological surveys, technology selection, project design, and implementation.

Translator: Mỹ Linh