Operating plants to meet system dispatch requirements
In April 2024, the frequency of water inflows to EVNGENCO1’s hydropower reservoirs in the Tây Nguyên - South Central region showed a positive trend (except for Đại Ninh and Bắc Bình hydropower plants), while the frequency of water inflows to hydropower reservoirs in North Central Vietnam continued to be low. Fuel supply for thermal power plants is sufficient to meet operational needs and maintain the required inventory volume.
EVNGENCO1 surpasses the assigned electricity production plan in April 2024
Meanwhile, the electricity system load in April increased by 14.12% compared to the same period in 2023 and by 4.95% compared to the 2024 plan of the Ministry of Industry and Trade. Notably, the average electricity consumption during the April 30th - May 1st holiday this year increased significantly compared to the same period last year. To meet the increasing electricity consumption demand, EVNGENCO1, adhering to the guidance of the Ministry of Industry and Trade and EVN, has implemented solutions to ensure dry season power supply in 2024, striving to operate the plants to meet the dispatch requirements of the National Power System.
Regarding investment and construction, investment and construction projects are being implemented by the General Corporation according to the assigned schedule. As of the end of April, the actual investment and construction volume reached 44%, and the disbursed value reached 45% of the 2024 plan (including the disbursed value for the implementation value of previous years).
Regarding equitization, in April 2024, EVNGENCO1 completed the instruction of the representative of the Corporation's capital in joint-stock companies regarding voting content at the Annual General Meeting of Shareholders.
Furthermore, digital transformation continues to be actively implemented by EVNGENCO1 with the goal of becoming a digital enterprise by 2025. Environmental protection is prioritized, and numerous strict and effective measures are being implemented.
In April, the General Corporation and its units implemented numerous social welfare programs in their operating areas, focusing on programs to support disadvantaged groups, provide financial assistance for education and healthcare, such as donating equipment to Lộc Bảo Commune Health Center (Bảo Lâm district, Lâm Đồng province), and supporting funding for the construction of houses for the poor in Duyên Hải district (Trà Vinh province).
EVNGENCO1’s hydropower units strive to provide water for drought relief to downstream areas
Ensuring electricity supply during the peak hot period
May marks the beginning of the peak hot season, leading to high loads. The northern electricity system will face significant challenges in electricity supply. EVNGENCO1 will highly focus on achieving the target of completing the assigned electricity production of 3.36 billion kWh. Specifically, the thermal power sector will maintain the stable, safe, and reliable operation of the units, contributing to ensuring electricity supply for the system during the peak dry season and throughout 2024, as directed by EVN. The hydropower sector will coordinate with relevant units to ensure stable operation of the plants and provide sufficient water to meet the actual needs of localities until the end of the dry season. Maintenance and repair work will continue to be carried out according to plan.
Investment and construction, digital transformation, and other work will continue to be implemented by EVNGENCO1 according to plan, maintaining sustainable and stable production operations throughout the Corporation.