Vietnam invested 6.9 billion USD in power grids 2016


Vietnam invested 6.9 billion USD in power grids 2016

Date: January 13th 2017

According to Vietnam's state power company on Thursday released the news that in 2016, the Vietnamese power grid investment totaled more than 134.85 trillion dongdan (about 41 billion yuan), compared with the original planned investment growth of 1.8%.

In 2016, the Vietnam State Power Corporation to invest in the northern two hydropower stations and the southern thermal power station 5 generating units, the cumulative installed capacity reached 2305 MW.

At the same time, Vietnam State Power Corporation has completed 297 national grid system expansion project, especially for the protection of the southern power supply substation and transmission line construction and the north and south transmission capacity increase between the capital of Hanoi and the north of the main economic development Area power supply capacity.

According to the Vietnam State Power Corporation, general manager, in 2016, the Vietnam Power Grid Investment also received a number of international financial institutions from the concessional loans and development assistance, including the World Bank, the Asian Development Bank, a total of 29.6 billion US dollars.