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Temporary prices set for two transitional wind power projects

Vietnam Electricity (EVN) recently approved temporary electricity prices for two wind power plants among 31 applications.
Temporary prices set for two transitional wind power projects ảnh 1A wind-power farm in Ninh Thuan (Photo: VNA)
Hanoi (VNS/VNA) - Vietnam Electricity (EVN) recentlyapproved temporary electricity prices for two wind power plants among 31applications.

EVN said that it received applications for negotiation for theprocurement of electricity from 31 out of 86 transitional wind and solar powerplant projects, totalling 1,956 MW in capacity but not yet in commercialoperation (COD).

In particular, 16 investors have proposed to apply a temporaryprice during the negotiation period.

EVN has met and reached a consensus on temporary electricityprices with six power plants, including Nam Binh 1 wind power plant, Vien Anwind power plant, Hung Hai Gia Lai wind power plant, Phu My 1 solar wind powerplant, Phu My 3 solar power plant and Hanbaram wind power plant.

On May 10, EVN approved temporary electricity prices for Nam Binh1 and Vien An wind power plants, while Nam Binh 1, Hung Hai Gia Lai, andHabaram were licenced.

According to the Electricity Law, power projects can only beplaced into operation after receiving an electricity activity license.

However, only 13 transitional energy plants, accounting for 15% ofthe total, have received electrical operation licenses from the Ministry ofIndustry and Trade./.



VNA
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