As of August 4th, 79 out of 85 transitional renewable energy projects with a total capacity of 4,449.86 MW had submitted their applications to the Electricity Trading Company for electricity price negotiations and power purchase agreements; of which 67 projects (total capacity of 3,849.41 MW) requested a provisional price equal to 50% of the ceiling price of the price framework (according to Decision No. 21/QD-BCT dated January 7, 2023 of the Ministry of Industry and Trade ).
EVN and the investors have completed price negotiations and initialed power purchase agreements (PPAs) for 59 out of 62 projects; the Ministry of Industry and Trade has approved provisional prices for 58 projects with a total capacity of 3,181.41 MW.
Seventeen power plants/parts of power plants with a total capacity of 907.12 MW have completed the COD (Commercial Operation Date) procedures and are generating electricity commercially for the grid.
The cumulative electricity output of transitional renewable energy projects from the time of Commercial Operation Date (COD) to August 3rd reached approximately 234.9 million kWh; of which, the average daily electricity output accounted for about 0.4% of the total mobilized power generation.
21 projects have been inspected and approved by competent state management agencies; 29 projects have been granted power operation licenses for the entire plant/part of the plant; and 38 projects have received decisions to extend investment approval.
There are currently 6 projects with a total capacity of 284.70MW that have not yet submitted negotiation documents.
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