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.

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.

Mr. Tran Dinh Nhan – President and CEO of EVN giving a speech

At the conference, a representative of the Electric Power Trading Company presented and clarified requirements specified in guiding documents of the Ministry of Industry and Trade and the Electricity Regulatory Authority on preparing dossiers for PPA and price negotiation. During the discussion, representatives of some project owners wish to have obstacles promptly removed, especially those related to mechanisms and policies, specific instructions of competent authorities so that the negotiation of the power purchase agreement can be conducted soon.

Mr. Pham Nguyen Hung - Deputy Director of the Electricity and Renewable Energy Agency giving a speech

Speaking at the conference, Mr. Pham Nguyen Hung - Deputy Director of the Electricity and Renewable Energy Agency, and the representative of the Electricity Regulatory Authority of Vietnam explained, answered questions as well as some proposals of project owners; at the same time, he requested project owners as well as EVN to follow strictly the current legal documents and regulations during the negotiation process.

Mr. Tran Hong Phuong – the representative of Electricity Regulatory Authority

In the progressive spirit, all the project owners’ opinions were well noted by Vietnam Electricity and related entities at the conference. At the same time, EVN proposed that the Ministry of Industry and Trade promptly issue a document guiding the negotiation method as prescribed in Article 26 of Decree No. 137/2013/ND-CP dated October 21, 2013 of the Government, serving as a basis for EVN and transitional project owners to move forward with negotiation. As for the grid connection agreement, if the old agreement has expired, the project owner should soon work with the grid operator to review and update the latest calculation data and the grid operation status.

Mr. Hoang Ngoc Quy - representative of HBRE Group

Ms. Nguyen Thi Thanh Binh - Deputy General Director of T&T Group in charge of energy

Mr. Somchak Chutanan - representative of Gulf Energy Development Corporation (Thailand)

Overview of the conference to dialogue with transitional renewable energy project owners

According to updated information, after the Electric Power Trading Company of EVN (EPTC) sent a document to transitional project owners requesting dossier submission, as of March 20, 2023, only one project owner submitted dossiers to prepare for PPA and price negotiation according to the instructing and guiding documents of the Ministry of Industry and Trade. EVN’s President and CEO Tran Dinh Nhan said that the EVN is looking forward to the close cooperation of project owners in the process of preparing negotiation dossiers with the hope that transitional projects will be put into operation in the nearest future on the basis of ensuring compliance with the law.

CONTACT INFO:

Communication Department - Vietnam Electricity;

Email: bantt@evn.com.vn

Phone: 024.66946405/66946413; Fax: 024.66946402

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