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For scheduled projects and the electricity generation workload, the total investment capital for 2021-2030 is estimated to be $113.3-134.7 billion.
Vietnam Electricity (EVN)’s unbalanced operations and slow investment in power sources and grids caused power shortages in the dry season, the Ministry of Industry and Trade (MoIT) announced on Wednesday.
In its recently audited financial report, the Vietnam Electricity (EVN) announced a loss of VND20 trillion, attributing it to the acquisition of electricity at costs exceeding its selling prices.
Northerners sighed with relief after hearing that the water level in hydropower reservoirs had increased and the electricity shortage had been solved. But they were warned that the problem won’t be truly settled for at least two more years.
Commenting about the draft on rooftop solar power submitted by the Ministry of Industry and Trade (MOIT), the Ministry of Planning and Investment (MPI) says the tentative mechanism won’t encourage the development of green power as expected.
The state encourages all economic sectors in Vietnam and overseas to make investments in the power sector. However, the country is still suffering from electricity outages.
Yesterday afternoon, the Electricity of Vietnam (EVN) rejected the information of a shortage of 1 million tons of coal for thermal power that has gone viral in the media.
EVN has temporarily suspended Mr. Nguyen Duc Ninh from his position as the Director of the National Load Dispatch Center to support specialized inspections in the management and operation of electricity supply.
Building a competitive retail electricity market, where Electricity of Vietnam (EVN) is no longer the only buyer and seller, is the path that Vietnam has to choose. However, there are still challenges ahead.
Electricity of Vietnam have admitted its thermal power plants in the northern region are short of one million tonnes of coal during June and July, causing difficulties in power supply.
Vietnam's power giant EVN has explained the reasons behind its purchase of electricity from neighbouring countries rather than from renewable energy facilities at home.
The Electricity of Vietnam (EVN) said that its bank deposits of tens of thousands of billion dong should be considered at the same time with the short-term debt balance of VND60,045 billion of the power corporations.
Investors in 65 out of the total 85 renewable energy transition projects, with a combined capacity of 3,640 MW, have written to Vietnam Electricity Group (EVN) proposing pricing negotiations before purchase agreements are reached.
Electricity of Vietnam (EVN), the Ministry of Industry and Trade (MOIT), provincial authorities and investors all have responsibility for renewable energy projects connected with the national grid.
The volume of electricity imports is small, mostly from China and Laos, according to the Ministry of Industry and Trade (MOIT).
Electricity of Vietnam (EVN) Electric Power Trading Company (EPTC) has received dossiers from 37 out of 85 transitional renewables projects for electricity price negotiations.
The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN General Director Tran Dinh Nhan.
Electricity of Vietnam (EVN) has repeatedly warned of electricity shortages, saying that hydropower reservoirs are exhausted.
Electricity of Vietnam (EVN) has repeatedly warned about possible electricity blackouts this summer because of expected large-scale drought. If so, alternate power cuts could prove to be unavoidable.
The Ministry of Industry and Trade has approved the provisional electricity prices for 15 wind and solar power plants after its negotiations with the Vietnam Electricity Group (EVN).