Northern to Central 500 kV Transmission Grid Reinforcement Project (ADB-51093-002)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Nam Dinh,Thanh Hoa, Quynh Lap-Nghe An, Vung Ang-Ha Tinh
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
SOCIALIST REPUBLIC OF VIETNAM
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Sep 22, 2017


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Project Description

The Vietnam Government has prepared the energy master plan for power grid development in the Revised Power Development Plan (PDP) VII, also called the Revised National Power Development Master Plan 2011-2020, which includes: (i) upgrading power transmission grids to reach the grid reliability standard N-1; (ii) addressing overload incidents and low voltage quality, ensuring a higher degree of reliability; (iii) constructing 500 kV transmission lines to connect to large load centers; and (iv) constructing 200 kV double-circuit transmission lines where applicable, all with highest technological specifications.

Therefore, the government prioritizes a new 500 kV transmission line from the northern to the central region by ADB financing, which comprises three segments: (i) a Nam Dinh-Thanh Hoa transmission line, (ii) a Thanh Hoa-Quynh Lap transmission line, and (iii) a Quynh Lap-Vung Ang transmission line.

The “Northern to Central 500 kV Transmission Grid Reinforcement” Project will support Vietnam in the implementation of its Revised PDP VII by:

  • Construct three new 500 kilovolt (kV) transmission lines [approximately 362 double circuit-kilometer (cct-km)], and
  • Install an intelligent transmission line monitoring system for efficient and proactive operation and maintenance of transmission lines.

The project will contribute to provide adequate and reliable power supply to sustain economic growth, and expand employment and income-generating opportunities articulated in the socioeconomic development strategy of Viet Nam. It is included in the draft Country Operations Business Plan 2018 2020.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

*No further information has been disclosed by this stage of project*

National Power Transmission Corporation
18 Tran Nguyen Han Street,
Hoan Kiem District, Hanoi

Vietnam

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main