Temporary prices set for two transitional wind power projects

May 22nd at 08:18
22-05-2023 08:18:10+07:00

Temporary prices set for two transitional wind power projects

Vietnam Electricity (EVN) recently approved temporary electricity prices for two wind power plants among 31 applications.

A wind-power farm in Ninh Thuan. — VNA/VNS Photo

EVN said that it received an application for negotiation for the procurement of electricity from 31 out of 86 transitional wind and solar power plant projects, totalling 1,956 MW in capacity but not yet in commercial operation (COD).

In Particular, 16 investors have proposed to apply a temporary price during the negotiation period.

EVN has met and reached a consensus on temporary electricity prices with six power plants, including Nam Binh 1 wind power plant, Vien An wind power plant, Hung Hai Gia Lai wind power plant, Phu My 1 solar wind power plant, Phu My 3 solar power plant and Hanbaram wind power plant.

On May 10, EVN approved temporary electricity prices for Nam Binh 1 and Vien An wind power plants, while Nam Binh 1, Hung Hai Gia Lai, and Habaram were licensed.

According to the Electricity Law, power projects can only be placed into operation after receiving an electricity activity license.

However, only 13 transitional energy plants, accounting for 15 per cent of the total, have received electrical operation licenses from the Ministry of Industry and Trade. 

Bizhub





NEWS SAME CATEGORY

Struggling poultry farmers seek support to avoid bankruptcy

Viet Nam Poultry Association (VIPA) has submitted a petition to Government calling for solutions to remove difficulties for the poultry farming and save farmers and...

Ha Noi to apply many food safety solutions

Ha Noi will apply many solutions to improve the efficiency of food safety assurance this year, which enhances trade, connection, and supply chains to serve...

$17mn shrimp processing plant commences operations in southern Vietnam

Viet-Uc Seafood Corporation put a 10ha shrimp processing plant in Bac Lieu Province, southern Vietnam into service on Friday, with a total investment of roughly...

Vietnam’s PTSC to manufacture foundations for Asia’s large offshore wind project

Petrovietnam Technical Services Corporation (PTSC) on Friday cut a deal with Orsted, Denmark’s leading energy firm, to manufacture turbine foundations for the...

PM urges solutions to prevent electricity shortage during summer peak

Prime Minister Pham Minh Chinh on Thursday asked ministries and enterprises to ensure an adequate supply of electricity for production and business from now to May...

Aviation industry continues to rebound strongly

The aviation industry continues showing signs of recovery, with business results growing strongly after struggling for a while.

EVN proposes to extend coal payment

Vietnam Electricity (EVN) proposed Vietnam Coal-Mineral Group (TKV) and Northeast Corporation extend the coal payment date to ensure the electricity supply.

Stavian Quang Yen Petrochemical announce Quang Ninh plant partner

Stavian Quang Yen Petrochemical announced Maire Tecnimont as the consultant and implementation partner of the Front End Engineering Design (FEED) for the Stavian...

Agricultural safety expo draws 100 businesses to Hanoi

The fair will run until May 22 at the An Binh City Urban Area in Bac Tu Liem District, Hanoi.

"No power shortage" remains Government's priority: PM

There is a risk of short power outages in certain areas through May 25 due to the combination of intense heat and high electricity demand.


MOST READ


Back To Top