Two more solar power purchase agreements signed

The Signing Ceremony of Solar Power Purchase Agreement for projects of Phong Dien 2 Solar Power Plant and Tra O lagoon Solar Power Plant between Electricity Power Trading Company - EVNEPTC (Việt Nam Electricity), Việt Nam Renewable Energy Joint Stock Company and Doan Son Thuy Investment Joint Stock Company was organized on 2 November 2018 in Ha Noi.

Phong Dien 2 Solar Power Plant Project is invested by Doan Son Thuy Investment Joint Stock Company in Luong Mai village, Phong Chuong commune, Phong Dien district, Thua Thien Hue province. The project has a total capacity of 50MW, with annual production capacity of nearly 68 million kWh.

Mr. Nguyen Danh Son - Director of Electricity Power Trading Company and Ms. Tran Thi Huong Ha - Director of Doan Son Thuy Investment Joint Stock Company signing power purchase agreement for Phong Dien 2 solar power project

Tra O lagoon Solar Power Plant Solar project is invested by Việt Nam Renewable Energy Joint Stock Company. The plant is located in My Chau commune, Phu My district, Binh Dinh province, with the capacity of 50MW, the maximum annual power output produced is over 78 million kWh.

Both plants are expected to be put into operation by the end of May 2019.

Director of Việt Nam Renewable Energy Joint Stock Company (right) and Director of EVNEPTC exchanging signing minutes

The electricity purchase price in the signed contracts is complied with regulations in Decision No. 11/2017/QD-TTg dated 11 April 2017 of the Prime Minister on mechanisms to encourage the development of solar power projects in Việt Nam

Particularly, EVNEPTC shall purchase electric power at the transaction point at the price of VND 2,086/kWh, applicable to solar power plants connected to the power grid to be commercially operated by 30 June 2019 (to be applied for 20 years from the date of commercial operation).


  • 02/11/2018 09:50
  • evn.com.vn