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An US$ 462 million investment for the power transmission grid

An US$ 462 million investment for the power transmission grid - 

The Prime Minister has just approved a list of the stage 3 power transmission grid projects, invested by loan from Asian Development Bank (ADB) and the German Reconstruction Credit Institute (KFW).

The total investment capital of the projects is US$ 462 million, of which, US$ 317.36 million is ODA from ADB and KFW and US$144.64 million – the domestic corresponding capital.

The projects will be implemented within 3 years (2015-2018) with the goal of expanding and developing the power transmission grid system in the whole territory for reducing overload in the national power grid; meeting power demand in the areas, where the projects take place; timely transmitting capacities from new power plants to the load growing centers; maintaining safety and improving the reliability of power supply and quality of electricity of the National Power Transmission System.

VietnamEnergy.vn

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