14:42 | 02/08/2016 Industry
(VEN) - The National Power Transmission Corporation (EVNNPT) will continue to struggle to ensure the implementation of power projects whilst ensuring effective power management and stable power supply in the second half of 2016.
In the first half of 2016, EVNNPT met difficulties in power transmission due to increased electrical load and changeable climate. This was particularly for 500kV north-south power transmission lines and in site clearance procedure and costs; especially for preferentially loaned and official development assistance (ODA) power projects.
EVNNPT then struggled to achieve some positive results in the period including transmitting nearly 75.95kWh, a 12.6 percent increase over the same period last year while curbing the power loss rates at about 2.39 percent.
In the first half of 2016, EVNNPT kicked off five out of 14 power projects, put into operation 25 out of 44 power projects, including a 500kV Pho Noi transformer station, Pleiku 2 and Duyen Hai-My Tho 500kV power transmission lines. It already invested some VND6.29 trillion, accounting for 44.2 percent of the annual plan.
Accelerating power projects
To fulfill the annual plan, EVNNPT targets to strengthen power transmission management to ensure stable power supply while reducing power losses. It will struggle to kick off 47 power projects and put into operation 39 power projects.
It also asked power transmission companies to conduct overhauls and periodical tests ahead of rainy seasons while getting ready to respond to storms and floods.
In addition, EVNNPT will continue to implement Decision 488/NQ-HDTV dated February 3, 2016 and Directive 617/CT- EVNNPT dated February 22, 2016, which target to ensure smooth operations of the national power transmission network. They also set out to improve power management capacity, ensure power construction quality and progress and adopt healthy funding solutions to meet N-1 and N-2 investment criteria.
EVNNPT will implement and perfect an overhaul in repair projects, install smart power networks, upgrade power transmission technical service center, conduct EVNNPT restructuring until 2020, implement the information and communication, and development strategies until 2025 with a vision towards 2035.