Hanoi, July 18, 2024 - At the headquarters of the National Power Transmission Corporation (EVNNPT) at 18 Trần Nguyên Hãn, an important meeting took place between Phu Yen TTP Joint Stock Company (TTP Phu Yen) and EVNNPT. The meeting was attended by Mr. Nguyễn Anh Tuấn, General Director of TTP Phu Yen, and Mr. Nguyễn Ngọc Tân, Deputy General Director of EVNNPT, to discuss the operation of the Phu Yen Solar Power Plant after 5 years of operation and the opportunities for investment, development, and operation of the transmission grid.

Mr. Nguyễn Anh Tuấn presented a report on the operation of the Phu Yen Solar Power Plant. After 5 years of operation, the plant has achieved significant accomplishments with high and stable electricity generation efficiency. The plant has significantly reduced CO2 emissions, making an important contribution to the national grid and sustainable development.

TTP Phu Yen extended sincere congratulations to EVNNPT on the successful construction and energization of the 500 kV Nam Định 1 - Thanh Hoá project, which was completed at the end of June. They expressed gratitude for the efforts of EVNNPT and the project participants who overcame all difficulties with the spirit of “only discussing how to do, not how to retreat,” “overcoming the sun, defeating the rain”; working 24/7 on-site, united to complete the large workload set out.

During the meeting, TTP Phu Yen and EVNNPT discussed the current regulations and policies of Vietnam related to the investment and operation of the transmission grid. The investment opportunities in this field are substantial, especially in the context of the Power Development Plan VIII approved by the Prime Minister. Accordingly, the demand for investment in the transmission grid from now until 2030 is estimated at about USD 1.5 billion per year. Vietnamese law currently allows all economic sectors to invest in the construction and management of the transmission grid, opening up many cooperation opportunities for TTP Phu Yen and international partners.

The meeting concluded successfully, promising to open up many cooperation and development opportunities between TTP Phu Yen and EVNNPT in the future.