LAUNCHING CEREMONY OF THE 500KV LAO CAI – VINH YEN TRANSMISSION LINE PROJECT

On March 3rd, 2025 in Yen Bai province, Deputy General Director of Power Engineering Consulting JSC 1 (PECC1) - Mr. Nguyen Kim Cuong and the Company's staff attended the launching ceremony of the 500KV Lao Cai – Vinh Yen transmission line project, the section passing through Yen Bai province, organized by Vietnam Electricity (EVN), Power Project Management Board 1 (PMB 1). Deputy General Director of PECC1, Mr. Nguyen Kim Cuong (5th from left) took a souvenir photo with delegates attending the ceremony.

Deputy General Director of PECC1, Mr. Nguyen Kim Cuong (5th from left) took a souvenir photo with delegates attending the ceremony

The 500kV Lao Cai - Vinh Yen transmission line project is a national key project, approved by the Prime Minister with a total investment cost of more than VND 7,410 billion. The project includes a 500kV double-circuit transmission line, 229.5km long with 468 tower foundation locations, passing through four provinces i.e. Lao Cai, Yen Bai, Phu Tho and Vinh Phuc. The starting point of the transmission line is the 500kV Lao Cai substation, the ending point is the 500kV Vinh Yen substation.

When being put into operation, the project will release about 2,000 MW of capacity from hydropower plants in the Northwest region and neighboring provinces to the national grid, while increasing the power import ability from China in case of necessity. The project contributes to improving connectivity between domains in the power system, ensuring safe and stable operation, reducing power loss on the transmission grid, and improving the efficiency of EVN's power generation and business. The project not only ensures energy sources to serve the medium and long-term development goals of the province but also contributes to the local budget, creating job opportunities for businesses and workers.

Speaking at the ceremony, Mr. Pham Hong Phuong - Deputy General Director of EVN said that during the project implementation, EVN has received attention and direction from the Government, ministries and sectors, along with close support from the authorities and people of Lao Cai, Yen Bai, Phu Tho and Vinh Phuc provinces, contributing to the compensation, support and resettlement acceleration.

To ensure the schedule, EVN hopes to continuously get support from local authorities at all levels in completing the handover of the site, enabling the Owner to synchronously implement construction along the entire route. At the same time, EVN requires Power Project Management Board 1 and contractors to comply with quality and environmental standards, mobilize their resources, and accelerate the schedule in order to complete the project as planned.

At the ceremony, representatives of contractors participating in the construction and installation affirmed their commitment to mobilize maximum resources, complete the project on schedule, ensure quality, and contribute to completing the entire project before September 2, 2025.

500kV Lao Cai – Vinh Yen transmission line project:

- Owner: Vietnam Electricity;

- Owner’s representative in charge of project management and operation: Power Project Management Board 1 (PMB1);

- PECC1-PECC4 Consortium provides the following services: Investigation consulting, preparation of FS Report, investigation, preparation of TDR and Construction Estimate, preparation of Construction Drawing Design

- TIC: Over 7,410 billion dong;

- Construction deployment: March, 2025;

- Expected completion: September 2, 2025

  • 04/03/2025 05:00

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