Phuoc Dong Industrial Park promotes high-quality electricity infrastructure

The average annual electricity consumption in our country increases by 8% - 10%. In the South, electricity received in 10 months of 2022 from EVNSPC is 72 billion 34 million kWh, up 9.59% over the same period in 2021. The largest capacity is 14,705 MW (June 7, 2022); increased 7.41% compared to Pmax in 2021. According to the forecast, due to the recovery of the economy, the increase in commercial electricity is expected to return to a stable level. (According to EVNSPC)

Importance of electricity in manufacturing industries in Vietnam

Electricity infrastructure is always a solid stepping stone for the process of industrialization - modernization of Vietnam. With the current era of technological development, factories - enterprises and industrial parks continuously appear, leading to an increasing demand for electricity.

With electricity consumption growing rapidly, we need to actively promote the improvement of the quality of electricity infrastructure to facilitate the arrival of industrial parks that are appearing more and more densely. Improve power generation capacity and performance of existing power plants, reduce power loss with solutions using power transmission and distribution systems, and control electricity consumption.

Many production investors in industrial parks always prioritize the issue of power supply to stabilize production activities as well as avoid overload in hot weather, the power capacity must operate continuously. Therefore, in parallel with the development of a favorable industrial park, there must be a quality power infrastructure, good supply efficiency and environmental friendliness.

Although the development of electricity infrastructure is extremely necessary for the operation of a production process, the price of electricity is always a topic of interest to many people and raises the question of how to creating a sustainable and stable electricity infrastructure but the cost is always at the optimal level, with less loss and waste?

Vietnam's electricity cost advantage in industrial production

First of all, when looking at the above statistics table, we can see that the average electricity price in Vietnam is lower than the common level of other countries in the world when it is only 1,864 VND/kWh. Other big countries such as the UK (3,710 VND/kWh), Germany (4,278 VND/kWh), France (4,847 VND/kWh), especially the US with 6,810 VND/kWh.

In Southeast Asia with Thailand, Malaysia, Indonesia or even China, electricity prices in our country are still low. This is considered a great competitive advantage of Vietnam when attracting large-scale investment in the manufacturing sector.

After going through more than 2 years of the COVID-19 pandemic as well as the conflict situation in the world is still complicated- causing energy shortage, so we need to make appropriate decisions for production, develop electricity infrastructure to avoid loss and waste.

Advantages of Sai Gon VRG's electrical infrastructure and Phuoc Dong Tay Ninh industrial park

Power supply system of Phuoc Dong Tay Ninh Industrial Park includes 5 substations with a total capacity of 693 MVA (4 stations of 2x63 MVA and 1 station of 3x63MVA).

The electrical infrastructure system is strongly developed by Saigon VRG, applying science and technology in modern construction and operation. In addition, the electrical infrastructure in Saigon VRG's industrial parks is operated by a staff of nearly 200 people with high expertise in electricity operation and exploitation.

In addition, Saigon VRG also creates assured in ensuring the autonomy of electricity infrastructure because it is one of the few industrial park infrastructure businesses licensed to develop and exploit electricity infrastructure. Besides, Saigon VRG is the distribution partner of solar panels of First Solar Group in Vietnam, and is also the unit of solar power exploitation and installation at businesses in Phuoc Dong Industrial Park and other industrial zones.

Therefore, the quality of the power source is always guaranteed, even businesses can meet the conditions to be able to apply for a Carbon Certificate and green production. Electricity infrastructure is considered a strength and creates value not only for Phuoc Dong Industrial Park but also for many manufacturing enterprises.

Conclusion

In short, Saigon VRG has the conditions and capacity to develop the best electrical infrastructure for industrial production - one of the main factors to promote production and improve the competitiveness of investors, advantages to attract investment capital.

This is also the main criterion targeted not only by Phuoc Dong Industrial Park (Tay Ninh) but also Dong Nam Industrial Parks (Cu Chi), Le Minh Xuan 3 Industrial Park (Binh Chanh). All industrial parks have developed synchronous and stable electrical infrastructure with excellent quality to help customers feel secure in production.