Vietnam Electricity National Power Transmission Corporation (EVNNPT), a subsidiary of Vietnam Electricity (EVN), has invited banks and credit institutions to grant funding for the VND1.61 trillion Thai Binh substation and connection line project. The period for applications is from April 22 to June 18, 2024. An amount of VND1.13 trillion is expected as loans.

Construction on the 500 kV substation with a planned capacity of 600 MVA is scheduled to begin in 2024 and be finished in 2025.