The Ministry of Industry and Trade requires EVN and investors to speed up negotiations, complete testing and connect projects with temporary prices to generate electricity to the grid.
This request was made by the Ministry of Industry and Trade after a meeting between Deputy Minister Dang Hoang An and wind and solar power investors and EVN on negotiating temporary prices and speeding up the operation of these projects.
Accordingly, for projects that have completed investment and construction and have sufficient legal documents, EVN will negotiate temporary prices with investors. The official electricity purchase price and payment settlement will be calculated from the date of electricity generation to the grid.
Currently, 19 transitional power projects have been approved by the Ministry of Industry and Trade for temporary prices, with a total capacity of more than 1,340 MW. EVN and investors will sign power purchase agreements (PPA) and review connection and power generation procedures. For the remaining plants, EVN will negotiate temporary prices with investors before May 27.
For projects whose connection procedures expire before the above deadline and are being tested, local power companies must work with investors to speed up the completion. "EVN reviews the documents submitted by investors, ensuring that procedures are simplified but strict, reasonable, and in accordance with regulations," the Ministry of Industry and Trade requested.
The Department of Electricity and Renewable Energy guides investors on planning issues in the process of adjusting investment policies and granting electricity operation licenses for completed projects.
According to information from EVN, as of May 25, 44 renewable energy projects (without prices) have submitted documents for price negotiations and power purchase contracts. Of these, 28 projects have agreed to a temporary price equal to 50% of the ceiling price frame of the Ministry of Industry and Trade. Of these, 19 projects have had their temporary prices approved by the Ministry.
However, many of these projects are still stuck and have not met the legal documents related to electricity activities and construction investment. According to some investors, the issuance of this license takes a long time due to procedural requirements of relevant authorities.
Therefore, investors hope that functional units will soon remove, approve, appraise, and license legal documents and procedures to ensure the requirements for operation and power generation to the grid, and soon mobilize this power source.
Discussing at the socio-economic group yesterday, National Assembly deputies also raised the issue of the slow operation and generation of a large number of renewable energy projects, causing waste. Meanwhile, EVN has increased its mobilization of imported electricity from Laos and China in the context of the current power shortage.
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