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On the proposal of the Vietnam Oil and Gas Group (PVN) and the Electricity of Vietnam (EVN), the Ministry of Industry and Trade (MOIT) has agreed that the thermal power plants using Block B gas will indirectly participate in the electricity market under the regulations of Circular No. 45 of MOIT Minister.

In order to meet the increasing market demand from power plants, industrial and civil customers, while domestic gas sources are on the decline, the import of LNG to make up for the shortfall The shortfall is a necessary solution to ensure national energy security and serve the country's development.

On December 15, 2021, in Hanoi, PetroVietnam Power Corporation - JSC (PV Power) and Vietnam Electricity (EVN) signed a Power Purchase Agreement (PPA) for Ca Mau1 and 2 Power Plants 1 and 2.

The Electricity of Vietnam (EVN) has just signed the decision to approve investing in "shared infrastructure" project between EVN and Singapore Sembcorp for Dung Quat combined cycle gas turbines (CCGT) power plants 1, 2&3.

According to the assessments of the SSI Joint Stock Company, in 2019, the unstable supply due to the shortage of coal and gas the capacity and generation of many thermal power plants (TPPs) were reduced. In 2020, to ensure the fuel supply, it is likely that the power sector must increase coal imports, and at the same time receive a new mechanism for solar power prices to encourage investors.

The Party Staff-Member Board of Ministry of Industry and Trade (MOIT) has just issued Resolution No. 21-NQ/BCSĐ, dated January 10, 2020 on the principles and processes for adjusting and supplementing the power projects into the power development planning (PDP) in an order of prioritizing the grid first, power plant latter, and prioritizing the areas with a few renewable energy (RE) projects and areas with an ability to release capacities of power plants.

The Prime Minister has approved the content of the project on the National Power Development Planning in 2021 – 2030 period with a vision up to 2045 (PDP VIII).

The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power).[Trich luoc nhap]

On January 10, 2019, in Hanoi, the signing ceremony of the framework agreement on supplying and consuming LNG for Nhon Trach 3 and 4 power plants between Vietnam Gas Corporation JSC (PVGAS) and PetroVietnam Power Corporation JSC (PV Power).

With the desire to find strategic investors with sufficient financial capacity, strengths in managing and operating power plants, a mission of Electricity of Vietnam (EVN) headed by Mr. Dinh Quang Tri, the Vice General Dirctor in coodination with KPMG organized a Roadshow in Singapore for promoting the image of EVN Generation Corporation 3 (EVNGENCO 3), introducing investment opportunites in and shares buy of EVNGENCO 3 to the international investors.