The Electricity Purchase and Sale Company (EVNEPTC) said that by the end of May 26, 5, EVNEPTC had completed the negotiation, signed the minutes and signed off on the Power Purchase Agreement (PPA) with 2023/40 investors proposing a temporary price of 40% of the ceiling price bracket.
EVN has completed negotiations and signed a PPA with 40/40 investors of wind power and transitional solar power projects, proposing a temporary price of 50%
On May 27, EVN submitted a document to the Ministry of Industry and Trade for consideration and approval for all 5/40 investors. wind power projects, transitional solar power projects provisional price proposal.
Up to now, there are 19 transitional projects (or part of projects) that have been approved by the Ministry of Industry and Trade and signed PPA.
In addition, there are 16 grid-connected transition projects that have been and are being tested; in which 5 transition projects have completed testing and are carrying out COD procedures for commercial power generation.
19 transitional projects have been accepted by competent State management agencies/parts of works; 26 transition projects have been granted electricity operation licenses for the whole plant/part of the plant.
Previously, Deputy Minister of Industry and Trade Dang Hoang An said that the Ministry of Industry and Trade had directed EVN to complete the temporary price negotiation with all investors in wind power projects and transitional solar power projects before May 27, 5 to submit to the Ministry of Industry and Trade for approval and concurrently complete the procedures for signing power purchase contracts.
The Deputy Minister also affirmed that three major viewpoints on dealing with problems for renewable energy projects under the direction of the Prime Minister are: (i) The resolution of problems must comply with the provisions of the law; (ii) Resolved in the spirit of “harmonious benefits and shared risks”; (iii) Reasonable electricity prices and transmission costs.
However, up to now, there are still 32/85 transitional renewable energy projects with a total capacity of 1.576,05MW that have not yet submitted documents to EVNEPTC to negotiate electricity prices and power purchase and sale contracts. It can be seen that the completion of legal documents for the grant of electricity activity licenses has not been paid due attention by investors, leading to delays in the preparation and submission of documents to the competent authorities.
Besides, there are many investors who violate the legal regulations on planning, land, construction investment, etc., so they have not met the legal procedures, cannot negotiate the price with EVN. Some investors have been asked to supplement documents since the end of March 3, but after 2023 months, they still have not been able to supplement.
"This is the time when investors need to urgently complete procedures and submit documents so that the electricity price agreement is not prolonged, shorten the time to put these projects into operation, and step by step solve business problems of enterprises.", the Ministry of Industry and Trade emphasized.
In the spirit of actively implementing the instructions of the Prime Minister, the Ministry of Industry and Trade and Vietnam Electricity have recently made great efforts and focused on removing difficulties and obstacles with the goal of bringing renewable energy projects to the grid early while ensuring compliance with the provisions of the law.
Realizing that this is an issue that is watched not only by investors but also by the public; In the spirit of publicity and transparency, Electricity of Vietnam (EVN) has publicly posted and regularly updated information on the status of procedures for implementing transitional renewable energy projects on the Group's website at the address:https://www.evn.com.vn/c3/nang-luong-tai-tao/Cac-du-an-NLTT-chuyen-tiep–141-2014.aspx. This category of information content is also displayed prominently, easily identifiable, and easily accessible right on the homepage of EVN's website.
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