Hai Phong approves investment policy and investor of Hai Phong 500kV substation

Hai Phong City People's Committee has just issued Decision No. 2388 approving the investment policy and at the same time approving the investor of Hai Phong 500kV Substation Project.

According to the above decision, the investor approved by the People's Committee of Hai Phong City is the National Power Transmission Corporation (EVNNPT) under Vietnam Electricity (EVN).

The projected land area for the substation’s construction is about 4.6ha. The design capacity of Hai Phong 500kV substation is 1,800MVA with transformers, busbars, and 500kV, 220kV, and 35kV side distribution equipment arranged outdoors.

The project has a total investment capital of more than VND 617.2 billion and is located in Quoc Tuan commune, An Lao district, Hai Phong City. The implementation schedule is expected to commence in September 2025, and complete and energize in December 2026.

The project aims to increase the ability to meet the load demand in Hai Phong City; Strengthen the connection of the regional power system, improve the safety, reliability, and stability when operating the regional and national power systems; Reduce capacity loss and power loss in the power system, improve production and business efficiency of EVN.

Accordingly, EVNNPT is responsible for implementing the project following the approved planning and schedule; Compliance with the provisions of the law on investment, land, construction, planning, electricity, management and use of State capital, environmental protection, fire prevention and fighting, national defense - security, tax, and relevant laws; Ensuring sufficient capital to carry out the project following the objectives, scale, and schedule approved by competent authorities. Completing the procedures to ensure implementation of the project after the investment policy is approved by the City People's Committee; Actively contacting the Tax Department of Hai Phong City for guidance and determination of incentives in accordance with current law; Fully implementing the regime of periodical reporting on the implementation of investment projects; Fully implementing the investment monitoring and evaluation reporting regime as prescribed by law.


  • 28/08/2023 02:51
  • evn.com.vn
  • 173