Announcement

Currently, in some mass media, it is mentioned that there is a "shortage of 01 million tons of coal for thermal power production". To avoid public misunderstanding about the responsibilities of coal suppliers, Vietnam Electricity (EVN) would like to clarify the above information as follows:

After the Ministry of Industry and Trade issued Decision No. 21/QD-BCT dated 7/1/2023 on regulations on electricity generation price bracket for transitional solar and wind power plants, Power Trading Company (under EVN) issued a document to the Investors requesting the submission of documents for calculation and negotiation of electricity prices. The Ministry of Industry and Trade and Vietnam Electricity has also held conferences with project investors many times to discuss and remove difficulties and problems related to records, orders and procedures for electricity prices negotiation, power purchase and sale contracts, etc. The prescribed processes and procedures have also been publicly and transparently promulgated by EVN and sent to investors.

According to Decision No. 24/2017/QD-TTg dated June 30, 2017, stipulating the mechanism for adjusting the average retail electricity price of the Prime Minister, according to the document No. 304/BCT-DTDL dated April 27, 2023, of the Ministry of Industry and Trade, Vietnam Electricity has issued Decision No. 377/QD-EVN dated April 27, 2023, on adjusting the average retail electricity price, whereby the average retail electricity price is VND 1,920.3732/kWh (excluding value added tax) from May 4, 2023. This adjustment is equivalent to an increase of 3% compared to the current average retail electricity price.

In the first quarter of 2023, Vietnam Electricity has ensured a safe and continuous power supply, serving socio-economic development and meeting the people's daily needs. The power system meets the load requirements and has redundancy.

With the aim of urgently and proactively discussing solutions to resolve problems related to power purchase agreements for transitional projects, on March 20, 2023, Vietnam Electricity held a conference to dialogue with transitional renewable energy project owners.

In February 2023, Vietnam Electricity (EVN) ensured a safe and continuous power supply, serving socio-economic development and meeting the people's daily needs. At the same time, EVN successfully completed the water discharge for the Winter-Spring crop 2022-2023 for the Northern Delta provinces.

On February 17, 2023, the Ministry of Agriculture and Rural Development issued a report No. 821/BC-BNN-TL summarizing the water-intake work for cultivation in the 2022-2023 Winter-Spring crop in the Northern midland and Delta areas. In which, EVN has organized the maximum operation of hydropower power plants to create favorable conditions for irrigation works to collect water while ensuring sufficient electricity supply for the pump stations’ operation.

The electricity output achieved in February 2023 by the company is 2.471 billion kWh, reaching 96.21% of the monthly plan, with an average of 88.2 million kWh per day

In January 2023, the total electricity production of the company reached 2.145 billion kWh, achieving 87.6% of the monthly plan. The average daily production was 69.2 million kWh, which accounted for 88.43% compared to the same period in 2022.

The electricity production in November 2022 by EVNGENCO3 reached 2.834 billion kWh, achieving 115.33% of the monthly plan. Cumulatively for the first 11 months, it reached 29.672 billion kWh, meeting 93.16% of the annual plan.