(VOV) - An engineering, procurement and construction (EPC) contract to install the 110kV submarine cable was signed between Vietnam Electricity’s Southern Power Company (EVN SPC) and Italian Prysmian PowerLink SRL on May 3.
This is the first contract of its kind in Vietnam and Southeast Asia region that costs EUR66.885 million and capable of transmitting 131MW from Ha Tien town to the Phu Quoc island of southern Kien Giang province.
The project is scheduled for completion in 2013 with a total capitalisation of VND2,467 billion, sourced from the World Bank and EVN SPC.