Chairman of EVN's Member Board Duong Quang Thanh speaking at the ceremony
Concentrating resources, ensuring project quality progress
The project of Lao Cai 500kV substation and connected 220kV lines was invested and built by EVN to release the capacity of small hydropower sources in the Northwest region and neighboring provinces (Lao Cai, Ha Giang, Yen Bai), support power import when necessary, and reduce the load on the existing Son La - Hiep Hoa, Son La - Nho Quan 500kV transmission lines. The project is scaled with a total investment of more than VND 1,564 billion. In which, 80% of loans come from domestic commercial banks and 20% of counterpart funds from EVN.
In phase 1 of the project, a 220kV distribution yard and 220kV connection lines will be built, expected to be energized in the fourth quarter of 2022. Phase 2 is scheduled to build a 500kV distribution yard and complete the entire project. It is expected to energize in the fourth quarter of 2024 (synchronizing with the Lao Cai - Vinh Yen 500kV transmission line project).
At the construction ceremony, Chairman Duong Quang Thanh thanked for the interest, support and assistance of Lao Cai province and local people for EVN to implement the project, thereby greatly contributing to EVN successfully carrying out the tasks assigned by the Party and the State. The Chairman of EVN's Member Board hoped that local authorities and people in the province would continue to pay attention to and create conditions for the project to be put into operation on schedule.
EVN’s General Director Tran Dinh Nhan (left) handing over the Granting Board of the Vietnam Electricity at VND 500 million to support Bao Thang district
Promoting socio-economic development in Lao Cai province
Speaking at the ceremony, Mr. Trinh Xuan Truong - Deputy Secretary of the Provincial Party Committee, Chairman of Lao Cai Provincial People's Committee, emphasized the importance of the project of Lao Cai 500kV substation and 220kV connection lines, directly serving socio-economic development, ensuring national defense and security in the Northwest region; especially transmitting the capacity of more than 130 small and medium hydropower plants in Lao Cai province (about 1,600MW) to the national power system. Therefore, the Provincial Party Committee and People's Committee of Lao Cai regularly direct departments, branches and the People's Committee of Bao Thang district to actively participate in handing over the site to the investor for implementing the project.
The delegates performing the button-pressing formality at the ceremony to deploy the project
On the occasion of the commencement, Vietnam Electricity has donated VND 500 million to Bao Thang district (Lao Cai province) to build houses for the poor, contributing to the realization of the local goal of building a new countryside.
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Project of Lao Cai 500kV substation and connection lines:
Investor: Vietnam Electricity;
Project management and administration: Power Project Management Board No.1;
Design consultancy unit: Electrical Engineering Consulting Joint Stock Company No. 1;
Design verification unit: Power Engineering Consulting Joint Stock Company No. 4;
Main scale: Installing 2 500kV-900MVA transformers, building 220kV connection lines with a length of more than 17.5 km;
Total investment: VND 1,564 billion;
Expected completion of the whole project: Quarter 4/2024.
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