The generated power output in 2020 of EVNGENCO 3 is 33.254 billion kWh, of which, the accumulated output is 31.103 billion kWh, reaching 100.1% of the plan.

I. Situation of production, business, investment and construction in 2020

1. Production and business operations

The generated power output in 2020 of EVNGENCO 3 is 33.254 billion kWh, of which, the accumulated output is 31.103 billion kWh, reaching 100.1% of the plan.

During the year, some plant units have to reduce the capacity and stop the backup production for a long time due to the insufficient gas supply according to the demand in the first Quarter of 2020, effects of the Covid-19 pandemic and floods in October and November 2020, which make the electricity demand of the entire system is lower than the 2020 plan. The low mobilization of thermal power sources is also due to the strong growth of renewable energy sources, especially solar power. Meanwhile, hydropower plants of the Corporation are highly mobilized and most of them have achieved the plan due to favorable hydrological situation in the last months of 2020 (from August onwards), the frequency of water flows to reservoirs is higher than the same period in 2019 and the average level of many years.

In response to the strong outbreak of the Covid-19 pandemic, the Corporation has promptly implemented prevention measures such as concentration camps, online meetings and remote working. As a result, there is no case of infection in the Corporation, contributing to the completion of tasks of ensuring national energy security.

Despite facing disadvantages, power plants of EVNGENCO 3 have achieved important power output milestones. On 7^th November 2020, Vinh Tan Thermal Power Company held a program to celebrate the successful completion of the entire Vinh Tan 2 Thermal Power Plant Project and reached the milestone of 40 billion kWh of power output. Previously, on 2^nd November 2020, Phu My Thermal Power Company generated 300^th billion kWh of electricity output to the National Grid and as the first generator in Vietnam to achieve this great milestone.

Power plants of EVNGENCO 3 have carried out 21 major repair projects and the total implementation duration is 306 days, 50 days shortened compared to the Plan. To guarantee that plant units are repaired and maintained according to the Plan with reliable operation and careful preparation for the power generation in 2021, in the situation that technical experts of gas turbine manufacturers cannot come to Vietnam due to impacts of the COVID-19 pandemic, the EPS Company and Phu My Thermal Power Company actively coordinated with each other to perform major repairs without direct supports from experts at the site.

2. Construction and investment operations

The Corporation continues to promote the performance of the Thuong Kon Tum Hydropower Project to overcome difficulties and reach important progress milestones. Currently, water is pumped into the tunnel with more than 15km long for testing, and expected to be completed in January 2021, power generators No. 1 and No. 2 are also expected to come into operation in February 2021.

The Corporation has also completed the installation and put into operation of the Rooftop Solar Power System, Phase 1 (total capacity of 2.96 MWp) at Phu My Thermal Power Company, Vinh Tan Thermal Power Company, EPS Company, and Buon Kuop Hydropower Company.

For Long Son Power Complex Project, Phase 1 (scale of 1,200 - 1,500 MW) as approved by the Prime Minister to add to the adjusted Power Planning VII on 23^rd April 2020, EVNGENCO 3 and other partners in the Joint Venture continue to implement investment preparation works. On 22^nd November 2020, within the framework of the visit to Vietnam to celebrate the 25^th anniversary of the establishment of diplomatic relations between the United States and the Socialist Republic of Vietnam, Mr. Robert C. O'Brien, U.S.A National Security Advisor, Ms. Kimberly Reed, Chairman of Export- Import Bank of the United States and Daniel J. Kritenbrink, U.S.A Ambassador to Vietnam witnessed the signing ceremony of a Memorandum of Understanding for the development of LNG Long Son Power Center Project, Phase 1 (1,200 - 1,500 MW) by and between representatives of the Investor Group for the Project Development (including EVNGENCO 3, PECC2, PACIFIC, TTC, General Electric, Mitsubishi Corporation).

3. Environmental works

The environmental protection at power plants continues to be guaranteed and controlled effectively, and results of periodic observation of exhaust gases, wastewater, cooling water and surrounding environment are within the permissible limits of the current standards. All parameters of online environmental monitoring systems at the Mong Duong 1 Thermal Power Plant, Vinh Tan 2 Thermal Power Plant, and Ninh Binh Thermal Power Joint Stock Company are transmitted directly to the Department of Natural Resources and Environment of the Province and have completed and put into operation electrical information boards right in front of the gate of the plant.

The ash and slag management continues to be controlled efficiently. Ash and slag of Mong Duong 1 Thermal Power Plant and Ninh Binh Thermal Power Plants are completely consumed. The quantity of ash consumed by the Vinh Tan 2 Thermal Power Plant has been continuously improved, and the accumulated consumption in 2020 reached about 60% of the quantity. In particular, right after the license is issued, since 12^th November 2020, Vinh Tan Thermal Power Company has exported the first ash vessels through oil import ports for consumption.

4. Social security

Under impacts of the COVID-19 pandemic, saline intrusion and droughts in the Southwestern Region, storms and floods in the Central Region, and response to the Prime Minister's appeal, the Corporation has carried out many practical and timely activities such as: donating to social and charitable activities, visiting and giving gifts to disadvantaged families, orphans and people with disabilities, constructing houses of love and gratitude, implementing youth works for the community (the COVID-19 pandemic prevention and support program including donating negative pressure rooms, medical protective equipment; giving three water filtration systems and many tanks for drought and saline intrusion areas in the Southwestern Region; the program “Towards the Central region”: supporting and giving gifts, repairing electrical lines, constructing floating houses in Quang Binh Province, donating 80 computers and learning tools to schools in Gia Lai and Kon Tum provinces etc.); the “Happy Home” Program: constructing houses for poor families in Ba Ria - Vung Tau, Binh Thuan, and Quang Ninh provinces; installing street lighting systems in Hamlet 7, Vinh Tan Commune, Tuy Phong District, Binh Thuan Province, donating medicine cabinets and repairing power lines for policy beneficiaries, war invalids, sick soldiers, Vietnamese Heroic Mothers; organizing humanitarian blood donation program, the 6th EVN Pink Week of 2020; the Gratitude Month for contribution to study promotion funds, funds for the poor, scholarships and supporting other community activities in the locality. The total cost for social security activities in 2020 of the Corporation is more than 7.65 billion VND.

II. Targets, tasks and plans in 2021

In 2021, the expected electricity output of EVNGENCO 3 is 32.055 billion kWh.

Also in 2021, EVNGENCO 3 plans to carry out 14 major repair works of plant units and many other auxiliary works with the total cost of major repairs of 804 billion VND. EVNGENCO 3’s policy is to promote self-processing and recovery, replacing genuine technicians to increase the initiative during the major repair process as well as optimizing and reducing costs.

The Corporation continues to direct, urge and control strictly the compliance of the law on environmental protection; constantly strengthening green areas in production and working areas with the motto “Where is the plant, there is a green area”; promoting the cooperation with regulators and qualified partners to consume all the ash and slag generated from the operation of the Mong Duong 1 Thermal Power Plant and Vinh Tan 2 Thermal Power Plant to ensure stable and long-term generation.

In terms of construction and investment, EVNGENCO 3 continues to promote the implementation of scheduled items and completes the power generation of the Thuong Kon Tum Hydropower Project; coordinating with partners in the Group to continue to implement the investment in Long Son Power Center Project.

The Corporation will focus on implementing the theme in 2021 “Digital transformation in the Vietnam Electricity” to promote the science and technology application roadmap in the Group's operations; integrating the digital technology and appropriate governance model with the digital technology application process to the Corporation's production and business operations, continuing to carry out social security activities towards local communities.

CONTACT INFORMATION:

Power Generation Corporation 3 - Joint Stock Company

Address: No. 60 - 66, Nguyen Co Thach Street, Sala Urban Area, District 2, Ho Chi Minh City

Tel: (84-28) 3636 7449

Fax: (84-28) 3636 7450