EVNNPT strives to ensure progress of power transmission projects
The National Power Transmission Corporation plans to disburse over 18.1 trillion VND (797.6 million USD) to finish and put into operation 62 projects and start construction of 43 projects in 2018.
Hanoi (VNA) – The National Power Transmission Corporation under theElectricity of Vietnam Group (EVNNPT) plans to disburse over 18.1 trillion VND(797.6 million USD) to finish and put into operation 62 projects and startconstruction of 43 projects in 2018.
With this hugeinvestment, the corporation aims to ensure the progress and quality of powertransmission projects, said EVNNPT Deputy General Director Nguyen Tuan Tung ata conference to set forth plans for 2018 in Hanoi on January 12.
Tung said EVNNPTinvested nearly 18 trillion VND (792.2 million USD) in projects in 2017,equivalent to 94 percent of the adjusted target assigned by the EVN, anddisbursement was more than 18.1 trillion VND, equal to 95.1 percent of theadjusted target.
With thecapital, the corporation began construction on 38 projects, including six 500kVtransmission projects and 32 220kV transmission ones.
In the year, 50500kV and 220kV transmission projects were put into operation, many of whichplay an important role in ensuring power supply for regions across the country,notably projects ensuring electricity provision for Hanoi.
A factor helpingthe corporation to finish and start construction on its projects on schedulewas the arrangement of investment capital. Specifically, EVNNPT signed domesticcredit contracts totalling 660 billion VND. It also worked to completeprocedures to disburse loans from German’s Development Bank (KfW) and the AsiaDevelopment Bank (ADB).-VNA
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At the conference (Source: VNA) 
