State utility Vietnam Electricity Group (EVN) on Saturday started work on a 500kV transmission line connecting a power substation in Quang Nam Province, central Vietnam to Monsoon Wind Farm in Laos, with a total capital of VND1.1 trillion (US$45.3 million).
The power transmission line is aimed at facilitating Vietnam’s energy imports from the neighboring country.
The prime minister had earlier approved the Monsoon - Thanh My transmission line project for power imports, adding it to the national power development plan in the 2021-30 period, with a vision toward 2050.
The double-circuit line will stretch over 44.7 kilometers from Nam Giang District under Quang Nam Province to Laos.
The total funding for the project will be sourced from loans offered by state-run lender Agribank and the EVN’s reciprocal capital.
The project is slated for completion in late 2024.
Once in place, the line, with a capacity of up to 2,500 megawatts, will contribute to improving the national power grid via the electricity purchase from Laos.
As per the power purchase contract, the line will initially transmit 600MW of wind power from Laos to Vietnam, with an estimated annual output of 1.7 billion kWh.
The project was meant to boost cooperation between Vietnam and Laos in energy, according to the EVN.