ST PETERSBURG — Russia’s Rosseti power grid company and the National Power Transmission Corporation (EVNNPT), a subordinate company of the Vietnam Electricity (EVN) Group, have signed a Memorandum of Understanding (MoU) to resume their long-term strategic cooperation which was suspended due to the COVID-19 pandemic. The signing ceremony took place on the sidelines of the 26th St. Petersburg International Economic Forum (SPIEF) in Russia. The two companies agreed to develop joint projects based on the capability of each side and the advancements of Rosseti. Additionally, Rosseti will assist EVNNPT in developing primary power transmission lines and transnational high-voltage power connections in the region using advanced technologies. To such end, EVNNPT needs to cooperate with global partners, including Rosseti, in various advanced fields.
