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Approval of investment policy for power project over 1,258 billion VND

Acting Chairman of the Provincial People's Committee Hoang Nam has just signed a decision approving the investment policy and approving the investor Vietnam Electricity Group (EVN) to implement the Lao Bao 500 kV Transmission Line - Quang Tri 2 500 kV Switching Station project with a total investment of over VND 1,258 billion.

Báo Quảng TrịBáo Quảng Trị03/06/2025

Accordingly, with the expected land, water surface and ground area of ​​14.88 hectares, EVN will deploy the construction of a new 500kV overhead line, 2 circuits, using the expected 4xACSR-400 conductor connecting from Lao Bao 500kV Substation (Huong Hoa) to Quang Tri 2 500kV Switching Station, the line length is about 34.58 km.

Approval of investment policy for power project over 1,258 billion VND

Of the total investment capital of over VND 1,258 billion, investor contribution capital accounts for about 26% and mobilized capital accounts for about 74%.

It is expected that after completing relevant legal procedures, in the second quarter of 2026, EVN will conduct the groundbreaking ceremony and will put the project into operation in the fourth quarter of 2027. The investment project will be implemented in districts with difficult socio-economic conditions (Cam Lo district) and especially difficult conditions (Dakrong and Huong Hoa districts), so it will enjoy preferential investment policies according to regulations.

The Provincial People's Committee requested EVN to implement the project in accordance with the boundary scope granted for investment policy, not to expand the scope to neighboring areas without permission from competent authorities.

Coordinate with relevant departments, sectors and localities to implement additional land use plans, alternative forest planting plans and change land and forest use purposes in accordance with legal regulations. At the same time, EVN is required to only implement project investment in the field after completing land, environmental procedures and other related conditions in accordance with regulations.

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Source: https://baoquangtri.vn/chap-thuan-chu-truong-dau-tu-du-an-dien-luc-tren-1-258-ti-dong-194098.htm


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