The Phu Binh district’s electricity company in Thai Nguyen province will invest over VND 62 billion (funded by the Northern Power Corporation) in 2023 to build power overload prevention facilities to ensure stable and safe electricity supply for households and businesses in the area.
According to information from the Phu Binh district’s electricity company, the facilities to be invested in this year include: building 9.2km of medium-voltage transmission lines, 19.2km of low-voltage transmission lines, and 13 transformer stations; major repairs on 27km of medium-voltage transmission lines and 12km of low-voltage transmission lines; and replacing 23 overload prevention transformers at 23 transformer stations.
Currently, Phu Binh’s electricity company manages and operates nearly 352km of medium-voltage transmission lines, 714km of low-voltage transmission lines, and 263 transformer stations with a capacity of 47,435kVA. In 2022, the company invested over VND 115 billion to implement overload prevention projects such as building new, upgrading, and major repairs on nearly 80km of medium-voltage transmission lines, building 5 new transformer stations, and 6.5km of low-voltage transmission lines to ensure stable electricity supply for over 45,600 customers.
The investment in electricity infrastructure by Phu Binh’s electricity company is part of the local economic and social development strategy. Investing in electricity infrastructure also contributes to promoting production and business development in the area, especially as the district is attracting investment in industrial and infrastructure projects.