The nearly VNĐ197 billion project is expected to strengthen electricity supply for Stavian Vinh Phuc Industrial Park and support its long-term development.
PHÚ THỌ — Stavian Electricity Distribution JSC (Stavian ED), a member of Stavian Group, on November 12 broke ground on the 110 kV Lap Thach 4 Substation and Connecting Transmission Line Project, which will supply electricity to Stavian Vinh Phuc Industrial Park.
The project reflects Stavian ED's commitment to investing in an integrated power supply system to ensure stable, continuous and reliable electricity for businesses operating in the industrial park, while laying the foundation for its long-term development.
Covering 145.27ha, Stavian Vinh Phuc Industrial Park has a total power supply capacity of up to 126 MVA to meet tenants' electricity demand. As a stable power supply is a key factor in determining an industrial park's operational capacity and investment attractiveness, developing an integrated electricity network is essential to meeting current production needs and accommodating future expansion.
According to the investment proposal, the project has a total estimated investment of nearly VNĐ197 billion (US$7.7 million). It comprises a substation with a designed capacity of 2 × 63 MVA and approximately 1.43km of double-circuit 110 kV transmission lines. The components will be developed as an integrated system to meet the industrial park's power requirements.
Once completed and put into operation, the facility is expected to improve the reliability of the regional power grid, reduce the risk of supply disruptions and support businesses' production and operations. The improved energy infrastructure is also expected to strengthen the industrial park's ability to attract investment, particularly projects with high added value and strong growth potential.
For Stavian ED, the project is part of its broader commitment to providing comprehensive, stable and sustainable energy solutions for industrial parks and clusters across Việt Nam. The company aims to develop modern, safe and efficient energy systems while gradually integrating green and smart energy solutions, aligning infrastructure investment with the long-term development needs of businesses and localities.
Through the project, the company aims to contribute to industrial infrastructure development, support production and investment attraction, and promote local socio-economic development.
Stavian ED operates in electricity distribution and energy infrastructure development. It is a member of Stavian Group, which has a global network of more than 30 international branches, over 40 logistics hubs and more than 20,000 partners and customers in over 100 countries and territories. — VNS
