Mr. Nguyen Anh Tuan – General Director of EVN – Photo: N.AN
On January 6, Vietnam Electricity Group (EVN) held a meeting to review the work in 2024 and deploy tasks for 2025.
Mr. Nguyen Anh Tuan - General Director of EVN - said that 2024 will be a difficult year when the task of ensuring electricity supply is extremely difficult. Especially the implementation of the 500kV line must be completed within 6 months; the financial balance is required when the group is losing money.
Ensuring power supply when power consumption continuously peaks
By the end of April, there was a time when the national electricity consumption output had peaked at over 1 billion kWh, although the most optimistic growth plan for electricity supply was previously set at 8.6%. Therefore, in the first quarter, the Ministry of Industry and Trade chaired a meeting to adjust the growth target for electricity supply to over 10% and finally electricity supply reached 12.3%.
Regarding the financial situation, the group also faced difficulties, but could not adjust the electricity price due to the priority of increasing wages and focusing on overcoming Typhoon Yagi. However, the electricity price was later adjusted up by 4.8%, contributing to balancing the group's finances.
Regarding construction investment, the group has a huge investment volume of 112,892 billion VND, basically achieving economic and technical targets, customer service targets, digital services at level 4...
However, recognizing the shortcomings, Mr. Tuan frankly pointed out issues such as management, supervision, and decentralization that need to be more thorough.
The regulatory process is still complicated, with many overlapping and complicated steps.
Construction investment with risk management, from design survey, workforce preparation, synchronization of materials and equipment and construction and installation still has many problems to overcome.
In operation, although many incidents have been reduced, there are still unfortunate incidents, caused by humans or by processes, regulations and working methods. Technical and economic indicators also need to be improved; investment in resources is still limited...
Focus on power projects, ensure raw materials...
With the goal of ensuring electricity supply in the context of high economic growth of 8% or double digits, electricity supply must reach 14-15%. Power source and grid projects must continue to be completed, including the second 500kV line 3 circuit.
Along with that is the requirement to streamline and reorganize the apparatus, complete the project before February 28. Promote thrift practice to combat waste, innovate in operation, review regulatory processes in the direction of minimalism, maximum decentralization, increase supervision...
With the view of absolutely not allowing power shortages to occur, especially fuel shortages and water shortages in hydroelectric reservoirs, Mr. Tuan said that it is necessary to prepare well for electricity production from the beginning of 2024; optimally mobilize power sources and regulate and maintain water in hydroelectric reservoirs at a reasonable level; and tighten operational discipline.
It is necessary to ensure the progress and quality of investment in construction of power source and grid projects, including the Hoa Binh hydropower plant expansion to be completed in the fourth quarter of 2025; Quang Trach 1 thermal power plant unit 1 to be connected to the grid before September 2; Tri An hydropower plant expansion and Bac Ai pumped storage hydropower plant to start construction in the fourth quarter of 2025; and 281 grid projects to be completed...
Proposal to implement many important projects
In the proposal, EVN proposed that the Prime Minister assign the group to continue investing in the Ninh Thuan nuclear power project; promote the spirit of implementing the 500kV circuit 3 project to implement other urgent projects; continue to assign EVN new power source projects.
EVN also recommended that the Ministry of Industry and Trade direct PVN, TKV, and investors of power plants to ensure the availability and reliability of generators. Continue to urge and direct investors of large power source projects to put them into operation in 2025 such as LNG Nhon Trach 3&4, BOT Vung Ang 2, etc.
Direct PVN/PV Gas to soon have a plan to supply additional gas to gas turbine plants to meet mobilization needs, ensuring electricity supply in 2025. Absolutely do not arrange for repairs to gas sources and gas power plants during the peak dry season. Provide all gas including natural gas and LNG to EVN's gas-fired power plants.
According to the report, in 2025, the total consolidated revenue of the whole group is estimated to reach 575,000 billion VND, of which the revenue of the parent company - EVN will reach 480,662 billion VND, an increase of 14.3% compared to 2023.
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