EVN Southern Power Corp increases investment in key provinces
The Electricity of Vietnam’s Southern Power Corporation (EVNSPC) has reported that it increased investment in key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and Ba Ria-Vung Tau for industrial development in 2018.
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Specifically, the EVNSPC supplied power to over 4,500 households in Bac Lieu, Dong Thap, Vinh Long, An Giang, Tra Vinh, Binh Thuan, Binh Phuoc, Hau Giang, Ca Mau, Ninh Thuan and Lam Dong provinces with a total investment of nearly VND170 billion (US$7.3 million).
At the same time, it also completed power supply to 113 communes in 21 cities and provinces. In Tien Giang, electricity was brought to 22 new-style rural communes with a total investment of around VND150 billion.
Up to 150 water pumping stations and aquaculture farms in Ca Mau, Dong Thap, Ninh Thuan, Lam Dong, Ba Ria – Vung Tau, Ben Tre, Tien Giang, Tay Ninh and Long An provinces received power at a total cost of roughly VND200 billion.
In island communes of Hon Thom and Tien Hai in the southern province of Kien Giang, the EVNSPC provided electricity for more than 1,420 households, which cost VND193 billion.
This year, the corporation is estimated to earn a revenue of VND7.47 trillion (US$324.7 million) out of the VND8.3 trillion, or 90% of the plan.
In particular, the 220KV Sa Dec and Can Duoc power stations were electrified, contributing to the supply in the region. Construction on a 220KV power line linking Kien Binh and Phu Quoc is also underway.
Among the 82 110KV electrification works, 273km of power lines were built and 467km upgraded with an additional capacity of 1,380MVA, contributing to meeting the power demand for economic development in the 21 southern cities and provinces, particularly in key economic zones.
The EVNSPC repaired 834 facilities with over VND1 trillion, meeting all targets.
In 2019, the corporation will continue improving the efficiency of power networks and consumer services, installing more gauges, and collecting electricity bill payment via banks and independent service organisations.
It will also complete the construction of power works, put into operation 574 others, and connect Kien Binh – Phu Quoc line to the national grid.
