The 2 Loans of tranches 1, 2 financed by the Asian🃏
Development Bank (ADB) have been in the last stage. Tranche 1 has exp🐷ired on November
30, 2016 and Tranche 2 will be expired on December 31, 2016. To review and
evaluation the implementation of these 2 loans, ADB has assigned the Project
Completion Review Mission to work with EVNNPT and its Board of Managements as
well as visiting the sites of all subprojects under the above mentioned 2
tranches.
Site
visit at TBA 500kV Pho Noi substation
The Mission consisteﷺd of Ms. Hyunjung Lee – Mission
Leader; Ms. Minnie Ramas – Project Analysts; Ms. Renalyn Padilla - Senior Operations
Assistant from Southeast Energy Division and Mr. Au Minh Tuan - Senior Project
Officer from Vietnam Resident Mission.
The objective of the Mission was to check and
collect information which were r♕elated to the implementation of projects such
as: (i) The information, project outputs and actual cost of the projects
including government counterpart; (ii) Update the compliance status of loan covenants
including social and environmental safeguards; (iii) Make a preliminary assessment
on the project benefits, compare the actual effect with the original design of
the project...
After the kick-off meeting in the morning of November
29, 2016, the Mission has gone to Ho Chi Minh City to work with CPMB, SPMB and EVNNPT’s representative from November 30, 2016
to December 1, 2016. Right after the exchange ideas relating to the actual
situation of the project implementation, actual cost of the pಌroject over the
estimate, existences and causes ... the Mission has visited sites of all subprojects:
500kV Cau Bong substation; 220kV Phuဣ My 2 and Uyen Hung substations as well as
the right of way of the 500kV Pleiku - My Phuoc - Cau Bong and 220kV Uyen Hung
- Song May transmission lines.
The Mission has worked with NPMB and visited
the 500kV Pho Noi substation and 500kV Bac Ninh 2 – Pho Noi transmission line
in the morning of De༺cember 2, 2016.
Wrap-up
meeting at EVNNPT
The Wrap-up meeting was held at EVNNPT’s Head Office and chaired by Vice
President of EVNNPT – Mr. Vu Tran
Nguyen.
Ms. Hyunjung Lee - Mission Leader said the
projects met ADB’s basic requirements on environment, society, and complied
with the covenants signed in the Loan Agreements. All subprojects have been operating
stably and contributing to the regional economic development as well as the
whole country. Most of the substation has been operating at full load, except the
220kV Phu My 2 substation just has operated at about 20-30% capacity due to the
behind schedule of Phu My 2 Industrial Zone. However, Ms. Hyunjung Lee
suggested EVNNPT to pay attention on handling
minor outstanding issues relating to compensation and resettlement of some
households of the 220kV Bong - Hoc Mon and Binh Tan Branch transmission line
and 500kV Pho Noi substation. Besides, Ms. Hyunjung Lee also proposed ADB and
EVNNPT should cooperate more closely
in the project preparation phase when calculating the cost of the project to
ensure the effectiveness of the loan, minimize capital surplus after the
bidding due to the estimated cost has significant difference compared to the
actual bidding value o𝔍f some pac❀kages.
At the meeting, Vice President of EVNNPT Vu Tranꦇ Nguyen expressed his thanks
to the support of ADB as well as Ms. Hyunjung Lee and the Energy Team in recent
years. Vice President Vu Tran Nguyen committed to cooperate closely with ADB in
the preparation as well as implementation of projects and organize monthly
meetings with ADB to promptly handle existing and raised problems, ensuring
projects are🌱 implemented quickly. He also wants to continue to receive the
assistance and support of ADB in the development of Vietnam power transmission network./.