5 renewable energy plants are about to be connected to the grid

This information was provided to the press by Deputy Minister of Industry and Trade Dang Hoang An on the afternoon of May 26th.

According to Mr. An, the total capacity of the five power plants is currently 351 MW and they will be connected and put into operation in the next few days.

"This number of projects is still far too small compared to the total number of actual projects. If investors don't make an effort, it will be very difficult to achieve commercial success. This is mainly the responsibility of the investors. As for the responsibility of the relevant agencies under the ministry's management, the Ministry has directed the units to inspect and handle the matter immediately," Mr. An said.

Five renewable energy plants have now qualified for connection to the national power grid. (Illustrative image: Government Newspaper).

Deputy Minister An also stated that the Ministry of Industry and Trade has requested the Vietnam Electricity Group (EVN) to consider agreeing on a temporary price for these power plants. After negotiations are completed and a price is agreed upon, payment will be made according to the official price from the date of power generation and connection to the grid (for projects that have completed investment and construction work and have finalized legal documents as required).

According to the Ministry of Industry and Trade, as of May 26th, 52 out of 85 solar and wind power plants with a total capacity of 3,155 MW (accounting for 67%) had submitted applications to EVN. Of these, 42 plants are currently negotiating electricity prices with EVN; 36 plants have proposed a temporary electricity price equal to 50% of the price range as a basis for mobilization.

Currently, there are still 33 power plants with a total capacity of 1,581 MW that have not submitted negotiation documents (accounting for approximately 33%). In addition, many investors have violated legal regulations regarding planning, land, and construction investment, thus failing to meet legal procedures and therefore unable to negotiate prices with EVN.

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Source: https://vtc.vn/5-nha-may-nang-luong-tai-tao-sap-duoc-hoa-luoi-dien-ar785465.html