The number of PPAs increased by 74% compared to 2018

This is one of the outstanding results in production and business activities of the Electric Power Trading Company (EVNEPTC) in 2019. The Conference on Summarizing 2019’s Performance and Deploying Tasks in 2020 of EVNEPTC was held in Hanoi, on January 9, 2020.

“In 2019, EVNEPTC has completed its assigned tasks,” EVN Deputy General Director Ngo Son Hai praised the company at the conference.

In the power business, EVNEPTC has managed and deployed a large number of power purchase agreements (PPAs) with a capacity of over 30MW, including a lot of renewable energy PPAs. EVNEPTC has actively cooperated with related units, contributing to nearly 100 solar power plants come into operation on schedule before 30 June 2019.

 

EVN Deputy General Director Ngo Son Hai giving a directing speech at the conference

According to EVNEPTC's report, in 2019, the company has checked the files to ensure their accuracy and paid for 214 PPAs monthly, an increase of 74% of the PPAs compared to 2018. The total energy purchased in 2019 reached over 171TWh, an increase of 18.9% compared to 2018.

EVN Deputy General Director Ngo Son Hai awarding EVN Emulation Flags to outstanding emulation units of EVNEPTC

 EVNEPTC Director Nguyen Danh Son awarding an EVN Certificate of Merit to a group with outstanding achievements in 2019

Regarding power market business, the EVN's leader instructed EVNEPTC to continue researching, offering advices and suggestions to EVN and the Ministry of Industry and Trade solutions to problems in the operation of the competitive wholesale power market and proposing actively advisory ideas to various design schemes of Vietnam's retail power market.


  • 09/01/2020 02:51
  • evn.com.vn
  • 650