Hanoi (VNA) – Deputy Prime Minister Trinh Dinh Dung on January 12 lauded the Vietnam Electricity (EVN) for its efforts in ensuring electricity supply for socio-economic development, as well as daily activities. With multiple technological and financial solutions, the group raked in 1.52 trillion VND (65.98 million USD) in profit in 2020, exceeding the set target, and contributed 27.8 trillion VND to the State budget, the Deputy PM said in his remarks at a meeting in Hanoi. Pointing out huge tasks for the EVN this year, Dung urged the group to develop a synchronous, smart and modern infrastructure system, speed up the building of a competitive, transparent and effective retail power market that matches socialist-oriented market economy institutions. The exploitation and use of domestic energy resources should go in tandem with export and import, he said, asking the EVN to upgrade and build a cutting-edge power transmission and distribution network. The Commission for the … [Read more...] about EVN lauded for ensuring power supply
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Many EVN power projects expected for completion this year
Regarding power grid projects, EVN will step up efforts to complete the construction of 256 projects and begin work on 227 110-500kV projects, with a focus on key projects, including the 500kV Vung An-Doc Soi-Pleiku 2 transmission line, facilities releasing the power capacity of renewable energy projects and hydropower plants in the north. … [Read more...] about Many EVN power projects expected for completion this year
Vietnam to cut 2021 renewable energy output
An oversupply of renewable energy, especially during midday peak sun hours, and the overload on the transmission line from the central region to the north are among the biggest power management challenges this year, Nguyen Duc Ninh, director of the National Load Dispatch Center (NLDC), said at a Tuesday meeting. … [Read more...] about Vietnam to cut 2021 renewable energy output
Vietnam to launch competitive retail electricity market in 2023
EVN needs to prioritize energy efficiency together with reasonable import and export of power in national programs, Mr. Dung said, adding that the group should be active in recommending plans for electricity generation and transmission to ensure sufficient energy for socio-economic development, defense and security. … [Read more...] about Vietnam to launch competitive retail electricity market in 2023
Construction on wind power project begins in Ca Mau
These plants, comprising 83 wind turbines with a capacity of 4.5 MW each, are scheduled to be completed in the fourth quarter of 2021. WTO Construction Trading JSC and the Vietnam Electricity (EVN) have signed a power purchase contract for this project. Speaking at the groundbreaking ceremony, Secretary of the provincial Party Committee Nguyen Tien Hai highlighted the significance of the project, saying that it will contribute to promoting industrial and tourism development of the locality in the future./. … [Read more...] about Construction on wind power project begins in Ca Mau