EVN urged the ministry to review and submit to the Prime Minister the proposalto import electricity from the Truong Son Wind Power Plant, includingadditional planning for transmission lines. The purchase price for electricityfrom this project is 6.95 US cents/kWh, equivalent to about 1,700 VND/kWh.
The ministry said it has received a document requesting feedback from relevantministries and localities on the proposal to purchase wind power from theplant, with a capacity of 250MW, from Bolikhamsai province in Laos to Vietnam,as proposed by EVN.
According to the ministry, the plant is expected to start operation in thefourth quarter of 2025.
"To import electricity from this plant to Vietnam, a new 220kVdouble-circuit transmission line will be constructed, with a length of 75kmfrom the Truong Son Wind Power Plant's 220kV substation connecting to the 220kVbusbar at the Do Luong 220kV substation in central Nghe An province, Vietnam,"said the ministry in an official statement.
To meet the project completion schedule in 2025, the project's investor, theVietnam Laos Energy Investment and Development Corporation, has sent a documentto EVN proposing to sell electricity from this project to Vietnam. The investorsuggests investing the entire grid connection project to connect the plant tothe Vietnam's power system using the project's funds.
In an earlier development, in a report to the minsitry, EVN stated that thegovernments of Laos and Vietnam had agreed to import 1,000MW of electricityfrom Laos to Vietnam by 2020. The imported electricity volume is expected to bearound 3,000MW by 2025 and about 5,000MW by 2030. As of the end of October, thePrime Minister has approved the proposal to import electricity from varioussources in Laos with a total capacity of 2,689MW.
"EVN has signed 19 power purchase agreements (PPA) to buy electricity from26 Laotian power plants with a total capacity of 2,240MW. Among them, sevenprojects are commercially operational with a total capacity of 806MW, and it isexpected that an additional 1,171MW can be put into operation by 2025,"according to the ministry.
The report indicates that, so far, the total approved capacity of electricitysources in Laos that can be imported into Vietnam and put into operation by2025 is only about 1,977MW, much lower than the import scale stated in thememorandum of understanding./.