Ho Chi Minh City Power Corporation (EVNHCMC), a subsidiary of Vietnam’s state-owned Electricity of Vietnam (EVN), has allocated a revised investment plan of VND6.43 trillion for transmission projects in 2025, following its merger with utilities in Binh Duong and Ba Ria-Vung Tau provinces.
The new capital allocation marks an increase from the initial VND5 trillion approved by EVN. Under the updated plan, EVNHCMC will implement 24 projects in 2025, including the start of construction on three 220 kV and eleven 110 kV projects. It also aims to complete four 220 kV and 110 kV projects by year-end. In the first eight months of 2025, over 60 per cent of the allocated capital was disbursed, with key works including the installation of an additional transformer at the 110 kV Tan Phu Trung substation and a third transformer at the 110 kV Cho Lon substation.