POWER GENERATION JOINT STOCK CORPORATION 3

The 500 kV Lao Cai – Vinh Yen transmission line is a strategic national infrastructure project approved by the Government, with Vietnam Electricity (EVN) as the investor. The double-circuit transmission line will span 229.5 kilometers, with 468 tower foundations across the four northern provinces of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc. The total investment for the project is over 7.41 trillion VND (290.41 million USD).

In February and the first 2 months of 2025, Vietnam Electricity and its member units ensured power supply for the country's socio-economic development and people's needs. In particular, EVN successfully completed the water discharge and ensured power supply for pumping stations and in-field pumps operating to serve the 2024-2025 Winter-Spring rice cultivation in the Northern Midlands and Delta provinces.

In October 2024, Vietnam Electricity and its member units ensured sufficient power supply for the country's socio-economic development and people's needs in the context of continued high electricity demand growth. In particular, EVN units in the Central region proactively responded to and remedied the consequences of storm No. 6 (Tra Mi).

In the first 9 months of 2024, economic growth continued to restore and maintain positive development momentum in all 3 regions (agricultural production; industrial production; trade - services) leading to high demand for electricity, the power supply situation in the peak months of the dry season in 2024 faced many challenges. In addition, the development of natural disasters and floods also greatly affected the power supply ensuring, especially the impact of storm No. 3 (Yagi) and post-storm flooding in 26 provinces/cities in the Northern region. However, with the strong and regular direction of the Government, the Prime Minister, ministries, branches, and localities, together with the solidarity, efforts, and determination of the leadership and all employees, the task implementation in the first 9 months of 2024 of EVN has achieved many remarkable results.

In July 2024, Vietnam Electricity (EVN) continued to ensure a safe and stable power supply, serving socio-economic development, and meeting people's daily needs, in the context of continuously increasing electricity demand and during the month with storms, tropical depressions, heavy rains, and floods occurring in many areas in the Northern mountainous region, affecting power supply as well as some power grid projects. The total electricity output of the system in July 2024 reached 27.7 billion kWh, an increase of 6.9% over the same period in 2023. Of which: the largest daily electricity consumption (July 9) reached 964.3 million kWh and the maximum capacity reached 46,298MW (on the same day of July 9).

In the first 6 months of 2024, Vietnam Electricity has ensured a safe and stable power supply, serving socio-economic development, and meeting the people's daily needs, in the context of continuously increasing power demand. EVN's management and operation of the power system and electricity market have followed the approved plan closely.