Specifically, according to Decision No. 752/QD-TTg, the National Power System Dispatch Center (A0) is separated from Vietnam Electricity Group (EVN) and the policy is to establish the National Power System and Electricity Market Operation Company Limited under the State Capital Management Committee at Enterprises; Decision No. 753/QD-TTg approves the policy of transferring the right to represent the ownership of state capital at the National Power System and Electricity Market Operation Company Limited (NSMO) from the State Capital Management Committee at Enterprises to the Ministry of Industry and Trade.
Accordingly, a new enterprise was established under the name of National Electricity System and Market Operation Company Limited (NSMO), a state-owned enterprise in which the State holds 100% of the charter capital, organized under the model of a single-member LLC with the State Capital Management Committee at Enterprises as the representative agency of the owner.
Regarding implementation, the Government requests relevant ministries, agencies, localities and enterprises to, based on their functions, tasks and authority, be responsible for organizing the implementation of this Decision in accordance with the provisions of law. In particular, the State Capital Management Committee at Enterprises and the Ministry of Industry and Trade are responsible for the content of the report and proposal; decide and implement the transfer of the right to represent the ownership of state capital at NSMO from the State Capital Management Committee to the Ministry of Industry and Trade in accordance with the provisions of law immediately after completing the separation and establishment according to Decision No. 752/QD-TTg dated August 1, 2024 of the Prime Minister.
The Ministry of Industry and Trade is primarily responsible for preparing all necessary conditions to receive the NSMO, including the mechanism to ensure working capital for the NSMO in accordance with legal regulations, ensuring that the NSMO continues to operate stably, continuously and effectively after the transfer. Preside over and coordinate with relevant ministries and branches to issue within its authority or submit to competent authorities for issuance of legal documents serving the operation of the NSMO, ensuring that the NSMO operates stably, continuously and effectively.
NSMO Company proactively studies, proposes, and forecasts difficulties and obstacles in the operation process, has specific proposals, and clearly states the authority to amend, supplement, and issue new legal documents and relevant instructions to serve the effective and safe operation of the power system. The Ministry of Finance provides comments on NSMO's financial management regulations as well as other relevant regulations.
Source: https://vov.vn/kinh-te/thanh-lap-cong-ty-van-hanh-he-thong-dien-va-thi-truong-dien-quoc-gia-post1112186.vov
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