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EVN will put the fifth generator of Son La Hydropower Plant into operation, continue the trial runs of the 1st generator and complete the installation of the 2nd generator of Dong Nai 4 Hydropower Plant, begin the electricity generation of the 2nd generator of Kanak Hydropower Plant and ensure the progress of many other projects.
The load of electricity system may reach up to 331 million kWh a day and the biggest capacity will range between 16,500-16,900 MW.
EVN said in March 2012, the national power grid ran safely and stably, with the total output reaching 10.03 billion kWh.
Vietnam produced a total of 26 billion kWh in the first quarter of this year, making a year-on-year rise of 15.1 percent, according to the General Statistics Office (GSO).
EVN aims to increase produced and imported electricity output to 120.7 billion kWh in 2012, up 10.9 percent from 2011.
Electricity price stabilization fund to set up
Deputy Prime Minister Hoang Trung Hai has assigned the Ministry of Finance to coordinate with other ministries and agencies to develop mechanisms for operating an electricity price stabilization fund.
Accordingly, the monthly calculation for electricity prices is based on the fluctuations of the input parameters including the exchange rate, fuel and electricity production structure.
Before the 20th of each month, EVN will have to finish the price calculation based on price fluctuations of basic input parameters.
Specifically, EVN will be allowed to deduct from the fund to stabilize prices.
If the cost of electricity generation still increases over 5 percent after EVN extracts funding from the stabilization fund, EVN will be allowed to increase electricity prices at 5 percent.