Vietnam allows direct solar and biomass power sales, bypassing EVN
A survey by the Ministry of Industry and Trade late last year showed that around 20 large enterprises wish to buy electricity directly, with a total demand of nearly 1,000 MW.
A survey by the Ministry of Industry and Trade late last year showed that around 20 large enterprises wish to buy electricity directly, with a total demand of nearly 1,000 MW.
Any increase in electricity prices should be carefully planned in terms of size and timing to ensure market alignment, reduce losses for EVN, and meet inflation control goals.
Government management should be separated from the generation, transmission, and distribution of electricity.
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The power utility plans to launch 34 power projects and commission 63 others this year, with an estimated construction investment of VND20.4 trillion (US$837.6 million).
Vietnam’s economic growth continues its positive recovery trend, driven by investment, consumption, tourism, and rising export expectations.
About 4,350 MW more electricity is needed in the north of the country.