Need the active coordination of all parties
MoIT and EVN held a conference with investors of transitional renewable energy projects, on May 24, 2023
EVN's President and CEO affirmed that EVN is looking forward to investors' cooperation to soon put the transitional renewable energy projects into operation and come online to the power grid to ensure the harmonious interests of the business and the power sector following the direction spirit of the Government. For problems under EVN’s handling competence, EVN and its member units will promptly remove and provide maximum support to investors in the spirit of strictly complying with the provisions of the law.
Progressive and transparency
A representative of the Electricity Power Trading Company (EVNEPTC) said that after the Ministry of Industry and Trade issued Decision No. 21/QD-BCT dated January 7, 2023, on regulations on the generation price bracket of solar and wind power plants, EVNEPTC has repeatedly sent official dispatches to investors requesting to send documents for calculation and negotiation of electricity prices. EVN has also repeatedly held conferences with investors to discuss and remove difficulties and obstacles related to the electricity price negotiation order and procedures, power purchase agreement and electricity price calculation method, etc. The prescribed processes and procedures have also been publicly and transparently promulgated and sent to investors by EVN.
On May 24, EVN continued to hold a conference with investors of transitional renewable energy projects. At this meeting, Mr. Phan Xuan Duong - investor representative of Lac Hoa Wind Power Plant, Hoa Dong Wind Power Plant (Soc Trang) – shared that through many meetings with EVN, many difficulties have been removed. Investors are delighted about that. EVN and the investor have been making efforts to coordinate and quickly implement the prescribed order and procedures to put the projects into power generation as quickly as possible.
Regarding the documents and procedures that the Electricity Power Trading Company recommends investors submit, Mr. Phan Xuan Duong affirmed that these are the required documents and procedures under the law for negotiating the actual electricity prices. For some documents that take time to complete, the investor can add them later.
As one of the units that have signed a temporary price agreement, the investor representative of Hiep Thanh Wind Power Plant (Tra Vinh) noted that the Electricity Power Trading Company as well as the dispatching levels have created very good conditions, working both on Saturdays and Sundays to instruct and coordinate with investors to implement the prescribed processes and procedures.
Currently, some transitional renewable energy projects/project parts are facing some problems in the completing process of prescribed processes and procedures such as investment policy, commission, connection, additional planning, etc. In this regard, EVN said that the items under the authority of EVN and its member units such as connection, testing, and commission for COD recognition will be facilitated and completed as soon as the investors’ requirement.
In order to timely put the power plants into operation, EVN proposed the investor coordinate in completing the power purchase agreement, amending and supplementing to apply temporary electricity prices. The Group committed to immediately implement the official electricity price negotiation and final settlement of the electricity bill after receiving instructions from the competent authority.
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Based on the conclusion of Deputy Prime Minister Tran Hong Ha in Notice No. 182/TB-VPCP dated May 17, 2023, as of May 24, 2023, EVN received a provisional price proposal file of 24 projects. The two sides met and agreed:
- The temporary electricity purchase price (excluding value-added tax) is equal to 50% of the ceiling price of the electricity generation price bracket for each type of power plant in Decision No. 21/QD-BCT dated January 7, 2023, of the Ministry of Industry and Trade.
- The official electricity purchase price and the final settlement of electricity bills will follow the guidance/decision of the competent authority.
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