15:46 | 13/03/2017 Industry
(VEN) - The Northern Power Corporation under Vietnam Electricity (EVNNPC) reports increased efforts to accelerate power projects in order to meet increasing power demand of businesses in 27 northern provinces.
According to an EVNNPC’s report, commercial power maintained high growth of 14.21 percent in 2016, an increase of 0.82 percent compared to average growth during the 2011-2015 period. Many localities recorded high growth in commercial power, such as Bac Ninh with 15.28 percent, Hai Duong with 17.58 percent, Hai Phong with 10.62 percent, Thai Nguyen with 22.61 percent, Quang Ninh with 11.2 percent, Thanh Hoa with 13.35 percent and Hung Yen with 13.44 percent.
A strong increase in power loads in the northern region is due to large numbers of businesses and industrial plants. Together with completed transportation systems, abundant human resources and preferential policies for investment attraction, businesses feel safe in expanding their trade and production activities, according to the report.
Recognizing the requirements of investors for sufficient, stable power supplies, EVNNPC has invested in power projects. For example, contractor selection, investment in equipment and ground clearance were completed in 2016 to implement 10 110kV transmission line and transformer station projects, such as a 110kV transmission line for Song Lam Cement Plant’s cement grinding station in Nghe An Province, a 110kV transmission line for the Hoa Sen Group’s galvanized iron and cold rolled steel manufacturing plant, and the Tang Loong 3 110kV transformer station.
At a business conference organized recently, Thieu Kim Quynh, the chairman of the EVNNPC, said that in the corporation’s commercial power structure, power serving the industry-construction sector accounts for 62 percent. Therefore, the corporation needs to promote investment in this field.
Since the beginning of the year, EVNNPC’s member units have accelerated the rate of progress of power projects in order to enhance confidence in power supplies, and reduce power losses and overload in the coming summer.
Hung Yen Power Corporation Director Nguyen Duc Thien said that the unit is completing 110kV transmission lines and transformer stations to meet demand of local plants, industrial zones and new residential areas.
The EVNNPC put the 110kV Yen Phong 5 transformer station into operation on February 27 to supply enough power for the Samsung Display Vietnam’s third plant in Bac Ninh Province’s Yen Phong Industrial Zone, reflecting its goal of ensuring sufficient, reliable power supplies for trade and production activities of domestic and foreign investors.