Electricity

At a recent working session between the Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin) and the Electricity of Vietnam (EVN), the two sides acknowledged positive cooperation results in supplying coal to thermal power plants in 2024.

At 11:10 a.m. on August 19, 2024, the National Power Transmission Corporation (EVNNPT) and the Central Power Project Management Board (CPMB) coordinated with relevant units energizing the third line of the 500kV project (Quynh Luu - Thanh Hoa section), meeting the directive objectives of the Prime Minister.

The ceremony to transfer the National Power System Dispatch Center from the Electricity of Vietnam (EVN), the State Capital Management Committee at Enterprises to the Ministry of Industry and Trade was recently held in Hanoi (in the form of direct and online).

The Electricity of Vietnam (EVN) said, in July 2024, in the context of continuously increasing electricity demand and storms, tropical depressions, and heavy rains and floods in many areas in the Northern mountainous region affecting power supply, as well as several power grid projects, the EVN continuously to ensure safe and stable power supply, serving socio-economic development, meeting people's daily needs.

Deputy Prime Minister Tran Luu Quang has just signed Decision No. 752/QD-TTg of the Prime Minister on separating the National Electricity System Dispatch Center (A0) from the Electricity of Vietnam (EVN) and the policy of Founding the National Electricity System and Market Operation Company Limited (NSMO) under the State Capital Management Committee at Enterprises.

In the first 6 months of 2024, EVN has ensured a safe and stable electricity supply for socio-economic development and meeting the people's daily needs, in the context of development electricity demand continues to increase.

At 2:35 a.m., June 18, 2024, the Northern Power Project Management Board (NPMB) coordinated with relevant units to successfully energize the extension of highway compartments 585 and 586 of the transformer station 500 kV Pho Noi and the line section from the 2 sections of the highway extended to location 319 of the third line from 500 kV project (section from thermal power plant Nam Dinh 1 - Pho Noi), with 2 days ahead of schedule compared with requirement of EVNNPT.

On June 7, 2024, Toyo Ink Berhad Group with Song Hau 2 Electricity Company Limited and Export-Import Bank of Malaysia (Malaysia Eximbank) held a signing ceremony of a credit contract (worth 980 million USD) for Song Hau 2 Thermal Power Project, to serve the design, equipment procurement, construction and operation of the project.

On the morning of June 2, in Quang Dong commune, Quang Trach district, Quang Binh province, Prime Minister Pham Minh Chinh and the working group inspected the progress and encouraged the construction force of the Quang Trach 1 Thermal Power Plant project. Attending the working group were leaders of relevant ministries, Quang Binh province and Electricity of Vietnam (EVN).

At 11:37 a.m. on May 28, 2024, Power Project Management Board 2 coordinated with relevant units to energize the 220 kV Dak Ooc switching station for the connecting from Nam Emoun Hydropower Plant (Laos) to the Vietnamese power system.

The Ministry of Industry and Trade (MOIT) issued Decision No. 1260/QD-BCT, dated May 27, 2024 on approving the electricity generation price framework for combined cycle gas turbine thermal power plants using liquefied petroleum gas (LNG).

The Government Office issued a Notice conveying the concluding opinions of Deputy Prime Minister Tran Hong Ha on the development and promulgation of a Decree stipulating the direct electricity trading mechanism between renewable energy generators with large electricity users (Direct Power Purchase Agreement - DPPA mechanism).

The report updating the production and business activities of EVN informed that in April 2024 the electricity demand very high grew due to the economic recovery continuously recuperated, at the same time, head wave intensive occurred in all 3 regions, EVN still maintained to ensure the safe and continuous electricity supply for socio-economic development and the daily needs of the people, especially during the holiday period April 30 - May 1.

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 345/QD-TTg dated April 26, 2024, for approving the 5-year production, business and investment development investment plan (period 2021 - 2025) of EVN.

In Hanoi, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan had a meeting with the Australian Deputy Minister in charge of Climate Change and Energy - Jenny McAllister. At the meeting, the two sides witnessed the signing ceremony of the "Memorandum of Understanding on Cooperation to promote the development of a competitive electricity market" between the Electricity Regulatory Authority and the Australian Embassy in Vietnam.