The investment will be spent on 26 power projects, such as installation of 10km of mid-voltage lines and 30km of low-voltage lines, and setting up of transmission stations with a total capacity of 4,700kVA.
The plan will help to improve the lives of rural people as well as reduce power losses during transmission.
The company will also complete the 500kV Duyen Hai – My Tho line, the 220kV Duyen Hai-Mo Cay line and 110kV transmission station in Long Ho District's Hoa Phu industrial zone this year.
In 2005, the company spent 159 billion VND (7.2 million USD) to implement key projects on connecting rural areas to the national grid.
The projects, funded by the German Development Bank, were implemented in the province's 92 wards and communes, providing power to nearly 3,000 households.
Thanks to the projects, the percentage of local people getting electricity has risen to 99.62 percent.
VietNamPlus