On January 24, Gia Lai Provincial People's Committee said that it had decided to approve the investment policy, and at the same time approved the investor, the National Power Transmission Corporation (EVNNPT), to implement the 500kV Dung Quat - Binh Dinh TBKHH power line project.
The project has a total investment capital of more than 9,880 billion VND, of which the investor's capital is more than 2,966 billion VND, and capital mobilized from credit institutions is more than 6,921 billion VND. The project's operating time is 50 years, and the implementation progress is up to the fourth quarter of 2029.
The project passes through 2 provinces of Quang Ngai and Gia Lai. In which, the power line passes through communes of Quang Ngai province including Binh Son, Binh Minh, Binh Chuong, Dong Tra Bong, Ca Dam, Ba Gia, Truong Giang, Son Ha, Son Linh, Son Thuy, Son Ky, Ba Vi and Ba To; through communes of Gia Lai province including An Vinh, An Lao, An Hoa, An Hao, Van Duc, Hoai An, An Tuong, Phu My Tay, Phu My Nam, Hoa Hoi and Hoi Son.
When completed, the project contributes to increasing the transmission capacity for the Central Central - South Central region linkage, combined with expanding the transmission interfaces of North Central - North Central, South Central - Central Highlands and Central Highlands - South, in order to improve the exploitation capacity of renewable energy sources in the Central region to supply to large load centers in the North and South.
Connecting Binh Dinh 500kV substation to receive and transmit capacity from solar, wind, and hydropower plants in the area of old Binh Dinh provinces (now Gia Lai province), old Phu Yen (now Dak Lak province) and neighboring localities to the National Power System.
At the same time, combined with the 500kV Binh Dinh - Krong Buk power line and 500kV power lines in the area to transmit capacity from the Central gas power center using Green Whale gas when this complex is put into operation.
The project creates strong links for the regional transmission grid, improves safe and stable operation, increases the reliability of power supply for the National Power System, reduces capacity and electricity losses, and improves production and business efficiency.