Prime Minister Pham Minh Chinh has signed an official telegram to relevant ministries and agencies asking for efforts to ensure adequate power and petroleum supply.
A delegation of Electricity of Vietnam (EVN) yesterday had a working session with the Ho Chi Minh City People's Committee on the current situation of electricity supply.
PM Pham Minh Chinh has asked the MoIT to take measures to ensure the supply of all key commodities, especially fuel, and to stabilize the country's distribution channels for the economy after the Tet holiday.
The Vietnam Electricity (EVN) said that the electricity consumption in the Northern region has surged sharply due to recent intensive heat waves on a large scale.
Vietnam Electricity (EVN) has proposed several ways to tackle problems related to rooftop solar power development, especially in the context that there are few legal guidelines to regulate the highly necessary sector.
Vietnam is now in need of diversifying energy supply sources as it is facing a shortage of coal supply for electricity, cement, and fertiliser production due to impacts of the Covid-19 pandemic and the Russia - Ukraine conflict.
According to Vietnam Electricity (EVN), the electricity consumption in 19 Southern provinces and cities has reduced by 15 percent since midnight of July 19 compared with ordinary days following the Prime Minister’s Directive No.16 order.
Vietnam’s total output of electricity from renewable energies hit 9.5 billion kWh in the first four months of 2021, up 156.9 percent year-on-year, and accounting for 11.8 percent of the total electricity output, according to a report by Vietnam Electricity (EVN).
The consumer price index (CPI) in February this year jumped by 1.52 percent over the previous month, the highest increase of the index in February in the past eight years, and 1.58 percent compared to December last year.
According to the notice of Vietnam Electricity (EVN), the electricity companies under EVN will stop buying rooftop solar power and handling requirements for connection and signing power purchase and sale contracts from the solar power systems after December 31, 2020 until competent authorities’ further guidance.
The Office of the Ministry of Industry and Trade yesterday informed that Deputy Minister of Industry and Trade Dang Hoang An signed and sent an official letter to Departments of Industry and Trade in provinces and centrally-run cities about reducing electricity prices for customers of Vietnam Electricity (EVN).
Vietnam Electricity (EVN) has reported impressive results of the renewable energy boosting scheme in the country, particularly the significant growth of solar panels installed on rooftops.
According to the Vietnam Electricity (EVN), around 42,187 rooftop solar power projects have been put into operation so far with a total capacity of 925.8MWp.
Vietnam Electricity (EVN), the largest power company in Vietnam, earned the profit of VND2,792 billion (US$119.72 milion) last year with electrity production and trading cost of VND1,667.7 per kWh.
Competitive electricity generation market program will be fully operated from January 1 next year, opening chances for more businesses to invest in the field and offer competitive, reasonable and practical wholesale prices.
Leaders of the Ministry of Industry and Trade and country’s largest power company Vietnam Electricity (EVN) yesterday hosted a press conference to answer press queries about retail power price hike by 6.08 percent to VND1,710 a kWh on December 1.
Retail electricity price has increased by 6.08 percent compared to the previous price of VND1,622.01 a kWh, to reach VND1,720.65 a kWh not including value added tax from today December 1 with the Prime Minister’s approval.