7 more renewable energy projects generate electricity to the grid

(HNMO) - Vietnam Electricity Group (EVN) informed that as of 5:30 p.m. on May 31, 9/85 renewable energy projects have submitted documents for recognition of commercial operation date (COD); of which 7 projects/project parts with a total capacity of 430.22 MW have completed COD procedures and are officially allowed to generate commercial electricity to the grid. In addition, 40 projects have had their temporary prices approved by the Ministry of Industry and Trade.

EVN regularly updates information on the status of procedures for implementing transitional renewable energy projects. Illustrative photo.

Also according to EVN, up to now, 59/85 projects with a total capacity of 3,389.811MW have submitted documents to negotiate electricity prices and power purchase contracts; of which 50 projects (total capacity of 2,751.611MW) have proposed a temporary price equal to 50% of the ceiling price of the price frame (according to Decision No. 21/QD-BCT dated January 7, 2023 of the Ministry of Industry and Trade). EVN and investors have completed price negotiations and initialed PPA contracts with 46/50 projects.

19 projects have been accepted by competent State management agencies for the construction or part of the construction; 27 projects have been granted electricity operation licenses for the entire plant or part of the plant; 22 projects have had decisions to extend investment policies.

Actively implementing the Prime Minister's direction, the Ministry of Industry and Trade and Vietnam Electricity Group are currently making great efforts and focusing on removing difficulties and obstacles with the goal of bringing renewable energy projects to the grid soon while still ensuring compliance with legal regulations. Vietnam Electricity Group has publicly posted and regularly updated information on the status of procedures for implementing renewable energy projects.

Source: https://beta.hanoimoi.com.vn/them-7-du-an-nang-luong-tai-tao-phat-dien-len-luoi-443154.html