EVN is the investor of the Lao Cai 500 kV transmission line project.

The Prime Minister has issued Decision No. 1274/QD-TTg approving the investment policy of the 500kV Lao Cai - Vinh Yen transmission line project with a scale of over 7,000 billion VND. Vietnam Electricity Group (EVN) was assigned as the investor.

The 500 kV Lao Cai – Vinh Yen transmission line project aims to transmit power from hydropower plants in the Northwest region and neighboring provinces to the national grid; create strong connections between regions in the power system, increase the ability to operate safely and stably for the national power system.

The project also aims to reduce power losses in the transmission grid, increase the efficiency of EVN's electricity production and business, and prepare for the need to import electricity from China.

The 500 kV Son La – Lai Chau transmission line project is also located in the North. (Photo: Song Da)

Project implementation locations: in Lao Cai, Yen Bai, Phu Tho, Vinh Phuc provinces.

The project scale includes the construction of a new 500 kV Lao Cai - Vinh Yen line, double circuit, approximately 228.92 km long; expansion of 02 more 500 kV bays at the 500 kV Vinh Yen substation to the 500 kV Lao Cai substation.

The project's investment capital is about 7,010.74 billion VND, of which the total pre-tax project investment capital is about 6,495.53 billion VND, expected to use owner's equity (about 1,299.11 billion VND) accounting for 20% of the total pre-tax project investment capital and commercial bank loans (about 5,196.42 billion VND) accounting for 80% of the total pre-tax project investment capital.

The project's operating period is at least 40 years (from the date of the decision approving the investment policy and simultaneously approving the investor).

The project is scheduled to start construction in December 2025, with construction lasting 6 months, and is expected to complete energization and put the project into use in May 2026.

Regarding the policy of converting forest use to other purposes to implement the project: the estimated scale of forest area that needs to be converted to other purposes to implement the project is about 53 hectares of forest.

The Prime Minister assigned the Ministry of Industry and Trade to be responsible for state management of the project according to the sector and field under its responsibility according to the provisions of law; to direct and guide EVN in reviewing and completing the dossier for appraisal of the project feasibility study report, ensuring safety, maximizing the role and efficiency of project investment, in accordance with the purpose of transmission in the national power system and promptly organizing the appraisal of the project feasibility study report, design and implementation after the project basic design. At the same time, it is responsible for performing the function of specialized state management of the project during the process of investment implementation and exploitation management according to the provisions of law.

The Ministry of Natural Resources and Environment is responsible for inspecting and supervising the project's compliance with environmental protection laws during implementation. Support and guide the People's Committees of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc provinces in allocating land, leasing land, and allowing land use purpose change to implement the project to ensure compliance with the planning and land use plan approved by competent authorities, and in compliance with the provisions of the law on land.

In addition, the Ministry of Natural Resources and Environment supports and guides EVN in completing the dossier and implementing the environmental impact assessment procedures of the project in accordance with the provisions of the law on environmental protection and promptly organizes the appraisal and approval of the results of the appraisal of the environmental impact assessment report. Supports and guides the People's Committees of the provinces: Lao Cai, Yen Bai, Phu Tho, Vinh Phuc in implementing the procedures for converting the purpose of using rice-growing land to other purposes to implement the project, ensuring compliance with the provisions of the law on land...

EVN is responsible before the law for the truthfulness and accuracy of the information, data and contents in the project dossier; responsible for mobilizing sufficient registered capital and implementing according to the progress, quality and safety of the project, ensuring the feasibility of the project. Responsible for the progress of project implementation; responsible for the effectiveness of project investment, ensuring the preservation and development of state capital and implementing the project reporting regime in accordance with the provisions of law. Research and fully absorb the appraisal opinions of relevant agencies during the investment and implementation of the project...

Source: https://baodautu.vn/evn-la-chu-dau-tu-du-an-duong-day-500-kv-lao-cai—vinh-yen-d228820.html