Vietnam’s power transmission segment would need around 310.4 trillion dong for the construction and upgradation of substations, along with the 220 kV and 500 kV line projects, according to the country’s Power Master Plan VII. Specifically, the plan addresses the addition of substation capacity of 43,850 MVA at the 550 kV level and 75,000 MVA at the 220 kV level, as well as transmission line lengths of around 8,400 km at the 550 kV level and 16,000 km at the 220 kV level during the 2011–20 period. State-owned power utility Electricity of Vietnam (EVN) is seeking funds from different sources including domestic banks; foreign banks, namely, the World Bank, ADB, and Japan’s Nippon Export and Investment Insurance; as well as the ODA.
