Stavian ED breaks ground on $7.5M power project in Phu Tho
Stavian Electricity Distribution has started work on a VND197 billion (US$7.5 million) substation and transmission line to supply power to Stavian Vinh Phuc Industrial Park.
Stavian ED, a Stavian Group subsidiary, recently marked the beginning of a significant $7.5 million power project in Phu Tho Province. On November 12, they held a groundbreaking ceremony for the Lap Thach 4 Substation and Connecting Transmission Line Project. The project encompasses a 110 kV substation capable of generating 2 × 63 MVA and approximately 1.43 kilometers of double-circuit 110 kV transmission lines.
The 145.27-hectare Stavian Vinh Phuc Industrial Park, located near the project site, is planned to supply up to 126 MVA of power. Once finished and connected to the grid, the infrastructure aims to enhance power reliability, minimize disruption risks, and cater to businesses' electricity requirements. Moreover, it's anticipated to support forthcoming manufacturing activities and draw in investors, particularly those in higher-value industries.
Stavian ED's strategy involves expanding electricity distribution and energy infrastructure for industrial parks and clusters in Vietnam. Their primary focus is on addressing industrial demand while progressively incorporating smart energy technologies and sustainable solutions. To ensure a smooth construction process, the company intends to collaborate with consultants, contractors, and authorities, adhering to technical standards, schedules, safety requirements, and regulations.
As part of Stavian Group, a Vietnamese multinational conglomerate, Stavian ED specializes in electricity distribution and energy infrastructure development. With over 30 branches and 40 logistics hubs globally, the group also invests in industrial parks, digital technology parks, and gas supply infrastructure, serving more than 20,000 partners and customers across more than 100 countries and territories.
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