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Monday, July 22, 2024

Ten renewable power projects connected to national power grid

By N. Tan

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HCMC – Ten renewable power projects that have been connected to the national power grid generated a total of 29,270 MWh since their commercial operation, according to Vietnam Electricity Group (EVN).

As of June 13, a total of 11 projects have submitted the necessary documents to determine their commercial operation date. Ten of them with a combined capacity of 536 MW have completed the required procedures for commercial operation and are eligible to connect to the national grid, according to the Vietnam News Agency.

To date, out of 85 renewable energy transition projects, 68 have submitted their documents to EVN for price negotiations and power purchase agreements. Among them, investors of 59 projects have proposed a tentative price, which is equivalent to 50% of the price ceiling set by the Ministry of Industry and Trade.

EVN has held price negotiations with 55 out of the 59 projects, and the Ministry of Industry and Trade has approved tentative prices for 43 of them.

According to EVN, the remaining projects, with a total capacity of 940 MW, have not yet submitted their documents for price negotiations.

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