Mr. Nguyen Khac Son – President and CEO chaired the meeting
At the meeting, participants have listened to reports of the leaders all units. Summary of the production & business and construction & investment of EVNGENCO1 is as follows:
Situation of production and business activities in August 2018:
In August 2018, the total electricity output of EVNGENCO 1 was 2.544 million kWh, accounting for 94% of the plan for August and 106% of output in the same period of 2017; In which, hydropower output reached 793 million kWh and thermal power output valued at 1.751 million kWh. For the first eight months of 2018, the electricity output of the Corporation reached 21.408 million kWh, accounting for 62.3% of the year plan, up 10.5% over the same period in 2017.
In August, hydroelectricity units operated in a stable manner, except Ban Ve Hydropower Plant. The total water volume in the reservoirs in the first eight months of 2018 was lower than that in the same period in 2017. Due to heavy rain in August, the water volume in Ban Ve hydropower reservoir was very high. By 31/08/2018, the water level reached normal water level and the company has opened the floodgate. In the first eight months of the year, hydropower plants operated stably and produced extra 763 million kWh compared to the plan for August.
As northern hydropower plants were mobilized at high capacity, thermal power units were mobilized at an average capacity lower than the one planned, some thermal power units were for back-up plan (such as S2 Nghi Son, S4 Quang Ninh). With regard to the remedy of S7 unit - Uong Bi, the Corporation has completed evaluation of technical proposal of the bidders and reported to EVN to prepare the next steps.
EVNGENCO1 also focused on ensuring fuel supply for the last period of 2018. To specify, the Corporation has been performing the contracts for domestic and imported coal purchase as planned, building the solutions to improve the loading and unloading capacity and ensure the coal supply to meet the demand of electricity production. Repair and maintenance work, occupational health and safety and fire prevention of EVNGENCO 1 have always been of special concern.
Regarding construction and investment, for projects invested by EVNGENCO1, the value of implemented volume in August 2018 was VND 1,635 billion. In the first 8 months, the value of implemented volume and the disbursement value were VND 8,911 billion (accounting for 70% of the year plan) and VND 9,023 billion (accounting for 71% of the year plan), respectively. For Extended Duyen Hai 3 Thermal Power Plant Project (EVN is the investor; EVNGENCO1, represented by Thermal Power Project Management Board No.3, is the project management consulting unit), the value of implemented volume in August 2018 was VND 260 billion. In the first 8 months, the value of implemented volume and the total disbursement value of this project were VND 1,422 billion (accounting for 23% of the year plan) and VND 1,937 billion (accounting for 32% of the year plan), respectively.
EVNGENCO1 has completed final settlement work of Extended Uong Bi 2 and is carrying out this work for other projects on schedules. The Corporation also focuses on arranging capital for key projects as planned.
For the equitization of the parent company - Power Generation Corporation 1, EVN has reported to the Ministry of Industry and Trade the plan and schedule of equitization and the Ministry of Industry and Trade has proposed the Prime Minister to change the time for determining the enterprise value into 01/01/2019. The Ministry of Industry and Trade has also sent documents to the relevant ministries and authorities on the land use plan after the equitization of Power Generation Corporation 1
Key objectives in September 2018:
In September 2018, EVNGENCO1 shall strive to fulfill the task of producing 2.764 million KWh of electricity as assigned, including hydroelectricity of 605 million kWh and thermal power of 2,159 million kWh. Hydropower plants shall optimize the use of water resources and carry out the inter-reservoir regulatory procedure and water supply for the lowland. The thermal power plants shall optimize the output produced according to the requirement of the National Load Dispatch Centre.
In addition, the Corporation shall continue to accelerate the selection of contractor for repairing S7 turbine of Uong Bi TPP; accelerate the project of building the flying ash discharge system through the seaport of Duyen Hai Electricity Center and implement the coal combustion in Duyen Hai 1 Thermal Power Plant.
Especially, EVNGENCO1 also focuses on the solutions to ensure sufficient coal for electricity production. In particular, the Corporation plans to work with TKV and Dong Bac Corporation to ensure quantity and quality of domestic coal source supplied for Duyen Hai 1 TPP. At the same time, EVNGENCO1 shall strive to improve the coal loading and unloading capacity at the Duyen Hai Electricity Center, upgrade the laboratory to reach VILAS standard, to be qualified to carry out inspection work for domestic coal contracts. Regarding the supply of imported coal, EVNGENCO1 shall perform the contract to buy 1 million tons of imported coal (phase 1, 2018) and prepare to sign the next contract (phase 1) to supply enough coal for electricity production of Duyen Hai 3 TPP. The corporation also plans to approve the coal importing plan in 2019-2020 period and the period after 2020 to have basis for implementation.
Regarding construction and investment, EVNGENCO 1 shall strictly monitor the progress and the quality of the construction works according to current regulations. Specifically, for Extended Duyen Hai 3 Thermal Power Plant Project, the Corporation has requested the contractor to accelerate the collection of materials and equipment at the site for the construction and installation work to ensure the schedule of the target items. For Da Nhim Hydropower project (extended), the Corporation has directed the Owner which is Da Nhim - Ham Thuan - Da Mi Hydropower JSC to urge the contractor to accelerate the process of tunneling by TBM machine, and study and implement the alternative solutions to ensure electricity generation schedule.
The equitization of EVNGENCO1 shall also be focused. To specify, the Corporation shall closely follow the Ministry of Finance for the approval of the land using plan after equitization, and implement the next steps under the direction of EVN.
Last but not least, in September 2018, EVNGENCO1 will also try to complete the works such as: coal combustion at S2 unit - Duyen Hai; Supervising the implementation of the project on improving the efficiency of business & production and labor productivity in all units; Deploying the project on strengthening the application of science and technology of the 4.0 Industrial Revolution; Closely following the electricity prices of all units and long-term electricity sale contract of Nghi Son 1 Thermal Power Plant; Strengthening the management and sale of ash and slag; Developing solutions to accelerate the consumption of ash and slag at thermal power plants; Considering solutions to implement Ben Tre wind power project.