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Clarifying information related to coal supply for power generation

Currently, in some mass media, it is mentioned that there is a "shortage of 01 million tons of coal for thermal power production". To avoid public misunderstanding about the responsibilities of coal suppliers, Vietnam Electricity (EVN) would like to clarify the above information as follows:

Information publicity and transparency on implementing procedures of transitional renewable energy projects

After the Ministry of Industry and Trade issued Decision No. 21/QD-BCT dated 7/1/2023 on regulations on electricity generation price bracket for transitional solar and wind power plants, Power Trading Company (under EVN) issued a document to the Investors requesting the submission of documents for calculation and negotiation of electricity prices. The Ministry of Industry and Trade and Vietnam Electricity has also held conferences with project investors many times to discuss and remove difficulties and problems related to records, orders and procedures for electricity prices negotiation, power purchase and sale contracts, etc. The prescribed processes and procedures have also been publicly and transparently promulgated by EVN and sent to investors.

Adjusting average retail electricity price from May 4, 2023

According to Decision No. 24/2017/QD-TTg dated June 30, 2017, stipulating the mechanism for adjusting the average retail electricity price of the Prime Minister, according to the document No. 304/BCT-DTDL dated April 27, 2023, of the Ministry of Industry and Trade, Vietnam Electricity has issued Decision No. 377/QD-EVN dated April 27, 2023, on adjusting the average retail electricity price, whereby the average retail electricity price is VND 1,920.3732/kWh (excluding value added tax) from May 4, 2023. This adjustment is equivalent to an increase of 3% compared to the current average retail electricity price.

Vietnam Electricity (EVN) held a conference to dialogue with transitional renewable energy project owners

With the aim of urgently and proactively discussing solutions to resolve problems related to power purchase agreements for transitional projects, on March 20, 2023, Vietnam Electricity held a conference to dialogue with transitional renewable energy project owners.

Operational situation in February and work goals and tasks in March 2023

In February 2023, Vietnam Electricity (EVN) ensured a safe and continuous power supply, serving socio-economic development and meeting the people's daily needs. At the same time, EVN successfully completed the water discharge for the Winter-Spring crop 2022-2023 for the Northern Delta provinces.
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