Electricity

On August 9, in Lao PDR, Chairman of the Member Council of Electricity of Vietnam (EVN) Duong Quang Thanh and the leaders of Lao enterprises signed the memorandums of understanding (MOU) on cooperation under the witness of the President of the Socialist Republic of Vietnam Nguyen Xuan Phuc and General Secretary and President of Lao PDR Thongloun Sisoulith.

The Power Engineering Consulting Joint Stock Company 1 (PECC1) informed that, on July 31, 2021, Electricity of Vietnam (EVN) approved the project of 500 kV Lao Cai transformer substation and 220 kV connecting transmission lines, with a total investment of more than 1,564 billion VND.

The future of Petrovietnam Power Corporation - JSC (PV Power) is facing a challenging period, determined by the success or failure of investment in new projects.

At 3:36 p.m. on July 27, 2021, the Central Power Projects Management Board (CPMB) in coordination with relevant units powering the 500 kV line connecting Nghi Son 2 BOT Thermal Power Plant (TPP) with the National Power System (NPS). The project invested by the National Power Transmission Corporation (EVNNPT), and managed by CPMB on behalf of EVNNPT was started for construction on April 09, 2018.

At Nghi Son 2 Thermal Power Plant project (Hai Ha commune, Tinh Gia district, Thanh Hoa province), the general contractor and joint venture of contractors have successfully synchronized unit 1 into the national power sýtem. This event marks the efforts of the investor, general contractor and construction contractors to overcome difficulties in the complicated situation of the Covid-19 pandemic.

On July 14, 2021, at the Government Headquarters, Deputy Prime Minister Le Van Thanh chaired a meeting on the National Power Development Planning for period 2021 - 2030, with a vision to 2045 (PDP VIII).

Recently, a consortium of 3 investors, Siemens Energy, KG Electric Power Corporation and Power Engineering Consulting Joint Stock Company 2 (PECC 2), has just sent a document to the Ha Tinh Provincial People's Committee to submit a Pre-Feasibility Study Report and an investment proposal for Vung Ang 3 LNG Power Center in Vung Ang Economic Zone, Ky Anh town, Ha Tinh province.

Electricity of Vietnam (EVN) informed that in the first 6 months of 2021, the electricity generation and import of the whole system reached 128.51 billion kWh, increasing 7.4% over the same period in 2020, including 14.69 billion kWh (equal to 11.4%)from the renewable energy projects, 624 million kWh (0.5%) from import.

On June 30, 2021 in Hanoi, Electricity of Vietnam (EVN) and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) held the signing ceremony of the Comprehensive Cooperation Agreement and Credit Contract for Quang Trach 1 Thermal Power Project (TPP).

Information from the Electricity of Vietnam (EVN) said: On the morning of June 28, in Hanoi, under the witness of General Secretary Nguyen Phu Trong and General Secretary, Lao President Thongloun Sisoulith, EVN General Director Tran Dinh Nhan attended the ceremony to exchange power purchase agreement (PPA) between EVN and hydropower investors in Laos.

On 29/6/2021 in Hanoi, Electricity of Vietnam (EVN) and the French Development Agency (AFD) held the signing ceremony of credit agreement for the preferential loan without government guarantee, worth €74.7 million for the Ialy extended Hydropower project (HPP).

The Prime Minister has issued a Decision on the roadmap, conditions and sector structure for establishment and development of power market grades in Vietnam.

At 6 pm on June 16, 2021, EVN Repair Service Center (EVNPSC) in coordination with Hoa Binh Hydropower Company and related organizations successfully synchronized the unit No1 of Hoa Binh Hydropower Plant to the national power system after this unit stopping for repair and replacing a cable section from oil insulation to dry one with a length of 600 meters and a weight of 11 tons from 220 kV output of the step-up transformer of unit 1 to 220 kV transition substation.

The consortium of Mitsubishi Corporation (Japan), Hyundai Engineering and Construction (Korea), Construction Corporation No. 1 (Consortium MC - HDEC - CC1) has just been approved by Electricity of Vietnam (EVN) to win the bidding package. No. 15 (EPC-QT1) on Engineering, Procurement and Construction (EPC) for Quang Trach 1 Thermal Power Project (TPP).

The Prime Minister (PM) Pham Minh Chinh assigned the Deputy Prime Minister (DPM) Le Van Thanh to direct careful checking the content of Power Development Planning VIII (PDP VIII) with a target to ensure a suitability of practice and national interests, especially to remark anti-negativity in policy establishment. PM also paid attention to careful studying electricity prices, reasonable structure of power plants (hydro, thermal and renewable power plants) and balance between regions to avoid wasting social resources.