Vietnam: ADB helps develop southern power transmission networks
The Asian Development Bank (ADB) and Vietnam have signed a loan agreement
worth 231.3 million USD that will help the country construct and upgrade its
power transmission networks in the southern region.
This is the third loan in the 10-year lasting Power Transmission Investment
Programme approved by the bank in 2011.
Eric Sidgwick, ADB National Director in Vietnam, said the financing is
expected to support the Vietnamese Government in tackling power supply
shortage, which is a major obstacle to the country's economic growth.
The programme will also help Vietnam access and use latest technologies to
develop its transmission systems in line with international standards,
contributing to minimising power losses and preventing climate change.
Accordingly, Vietnam will use the loan to develop 60km more of 500 kV
transmission line and 64 km more of 220kV transmission line, and add 3,700
MVA to existing transmission systems in the south.
As scheduled, ADB will approve the fourth loan for Vietnam in 2017, focusing
on developing 500 kV transmission lines and transformer stations in southern
localities.
Once completed in 2020, the programme is hoped to help improve the
efficiency of power transmission systems nationwide, contributing to
promoting the nation's economic growth.
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Ref:
http://en.vietnamplus.vn/adb-helps-develop-southern-power-transmission-netwo
rks/100549.vnp
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John Diecker
APT Consulting Group Co., Ltd.
www.aptthailand.com
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