Electricity

Hanoi City People's Committee has just issued a Decision to approve the investment policy, and the investor for the Ung Hoa 220kV transformer station project and connection. The Hanoi City People's Committee selected the National Power Transmission Corporation as the Investor of the project.

The Ministry of Transport has just issued a document to agree on the policy of planning a floating warehouse to receive 150.000 tons of LNG in the Tra Ly coat for the Thai Binh LNG Power Center with the proposal of the Thai Binh Provincial People's Committee.

On November 30, 2023, the Committee for Management of State Capital at Enterprises issued Decision No. 695/QD-UBQLV appointing Mr. Nguyen Anh Tuan, EVN HANOI Chairman for the General Director of EVN (from December 1, 2023).

In Vientiane Capital, Phongsubthavy Group Sole Co., Ltd (of Laos), together with a consortium of contractors, headed by Construction Joint Stock Company 47 (C47) and Power Construction Consulting Joint Stock Company 3 (PECC3) has just signed and awarded an EPC contract (design, supply, installation of hydraulic mechanical equipment and construction) of Nam Neun 1 Hydropower project. The total contract value is 184 million USD.

On behalf of the Prime Minister, Deputy Prime Minister Le Minh Khai has just signed a document sent to the Minister of Industry and Trade (MOIT) and Electricity of Vietnam (EVN) Chairmen on transferring BOT Power Plants as Phu My 3 (BOT contract term will expire on March 1, 2024) and Phu My 2.2 (BOT contract term will expire on February 4, 2025).

In Hanoi, Deputy General Director of Electricity of Vietnam (EVN) Vo Quang Lam just had a meeting with the Asia-Pacific Regional Director of Electricity of France (EDF) International Networks, Mr. Lionel Besombes about the possibilities of cooperation in the electricity transmission and distribution. The meeting was connected online to the EDF representative point in the French Republic.

At the headquarters of the Ministry of Industry and Trade (MOIT), Minister of Industry and Trade Nguyen Hong Dien just had a working meeting with the Vice President of the World Bank - WB (East Asia - Pacific region) - Ms. Manuela V. Ferro.

On the morning of October 31, Deputy Prime Minister Tran Hong Ha chaired a face-to-face and online meeting with the ministries, agencies and localities to contribute and complete the draft plan to implement the National Power Development Planning in 2021 – 2030 period and vision to 2050 (Power Development Planning – PDP VIII).

The Ministry of Industry and Trade (MOIT) has just updated the electricity supply plan for production, business and people's daily activities in the last months of 2023 and forecast for 2024 to the Prime Minister. The report specifically noted that In 2024, electricity shortages may still occur in June and July.

At the meeting on the status of implementing investment in the third circuit of the Quang Trach-Pho Noi 500 kV line project, on the afternoon of October 23 at the Government Headquarters, Deputy Prime Minister (DPM) Tran Hong Ha requested the Ministry of Industry and Trade (MOIT) to strictly implement detained plans and critical paths for implementing the project progress in accordance with the Prime Minister's direction (at Document No. 745/TTg-CN dated August 15, 2023).

Information from the Office of the People's Committee of Nam Dinh province said that the Gulf Energy Development Group (Thailand) led by Mr. Panawit Sidejchayabhon - General Director of Vietnam Gulf has just had a meeting with leaders of Nam Dinh province to learn more about the Investment opportunity in the power – LNG center and LNG terminal warehouse for the Northern region.

In Hanoi, Mr. Dang Hoang An - Chairman of the Member Council of the Electricity of Vietnam (EVN) just had a working meeting with the Korean Mission of the GS Energy led by Mr. Kim Sung Won - Director of Global Energy Development. The GS Energy proposed EVN to support and assist in implementing and commercial operating process of the Long An 1 and 2 LNG - Power Projects.

The Ca Mau Department of Industry and Trade (CMDOIT) has just submitted a document proposing the Ministry of Industry and Trade (MOIT) consider Ca Mau province to develop 41 new power projects including 29 onshore, near-shore and offshore wind power projects; 10 gas power and other power projects and 2 wind and solar power projects for hydrogen production.

The Minister of Industry and Trade has just issued a Decision approving the coal price framework and electricity generation price framework in 2023. Accordingly, the coal price is 1,808,000 VND/ton, the electricity generation price framework for coal-fired power plants is 0 - 1,559.70 VND/kWh and the electricity generation price range for hydropower plants is 0 - 1,110 VND/kWh (the above price framework does not include value added tax (VAT) and other related taxes and costs).

In Ta Bhing commune, Nam Giang district, Quang Nam province, The Electricity of Vietnam (EVN) has just started up the construction of the Monsoon - Thanh My 500 kV line project (the section on Vietnamese territory).