Eighty-four out of 146 wind power projects signing power purchase and sale contracts with the Electricity Vietnam (EVN) had been put into commercial operation as of October 31, according to a document the EVN had sent to the Ministry of Industry and Trade on Commercial Operation Date (COD) results.
Hanoi (VNA) – Eighty-four out of 146 wind power projects signing power purchase and sale contracts with the Electricity Vietnam (EVN) had been put into commercial operation as of October 31, according to a document the EVN had sent to the Ministry of Industry and Trade on Commercial Operation Date (COD) results.
The remaining 62 projects with a total capacity of 3,479MW could not become operational before November 1, the date the feed-in tariff (FIT) for wind power expired under Decision 39/2018/QD-TTg.
Restriction measures induced by the recent resurgence of the COVID-19 pandemic have affected the pace of construction of many wind power plants.
Under the decision dated September 10, 2018 amending and supplementing several regulations on incentives for wind power projects in Vietnam, fixed preferential price of offshore wind power is 2,223 VND (9.8 US cents) while that of inland wind power is around 1,927 VND (8.5 US cents), excluding VAT.
The above prices are applied to wind power projects with a part or the whole plant having commercial operation date before November 1, 2021 and applied for 20 years from the date of commercial operation.
EVN said wind power plants are capable of playing a remarkable role in ensuring supply security for the national grid./.