The operational report for April 14 states that PV Power generated 100 million kWh in total, with all producing units operating continuously, safely, and at a high rate of availability. No significant issues were reported whilst no units were forced offline. Fuel supply preparations were thoroughly secured, thereby enabling the corporation’s power plants to respond promptly to dispatch requirements from the national grid.
The largest contribution to this output can be attributed to PV Power's main gas-fired and thermal power plants. At the forefront was the Nhon Trach power complex, which acted as the system’s “driving engine,” delivering a combined output of approximately 48.8 million kWh. This included 4.819 million kWh from Nhon Trach 1, 15.891 million kWh from Nhon Trach 2, 11.419 million kWh from Nhon Trach 3, and 16.679 million kWh from Nhon Trach 4.
Nhon Trach 3 and 4 Power Plants generate over 28 Million kWh, accounting for nearly one-third of PV Power’s daily output
Most notably, the Nhon Trach 3 and 4 plants alone produced a combined output of more than 28 million kWh, representing approximately 28.7% - or nearly one-third - of the corporation’s total daily generation. This serves to underscore how crucial new gas-fired power sources are becoming to PV Power's operational framework.
Elsewhere, Vung Ang 1 Thermal Power Plant managed to keep up steady operations, running close to full capacity with an output exceeding 26.9 million kWh, reaffirming its position as a cornerstone in ensuring baseload supply. Additionally, the Ca Mau 1 and 2 plants were able to maintain uninterrupted operations, consequently making significant contributions to the overall output.
Significantly, these outcomes were obtained before the national electricity grid entered the peak summer demand period. This highlights PV Power’s robust dispatch readiness and considerable operational headroom, which represents a positive given the anticipated spike in electricity demand during the upcoming dry-season months.
These results build on the strong operational momentum that PV Power was able to establish at the start of the first quarter of the year, during which it sustained steady production, optimised maintenance and repair work, guaranteed high availability across all of its generating units, and proactively secured fuel supplies. Consequently, the corporation's total electricity output in the first quarter is projected to be 5,603 million kWh, surpassing the plan by 17% and increasing by 32% compared to the same period last year.
Total revenue for the first quarter of the year is expected to be VND12,281 billion, surpassing the target by 11% and representing a jump of 47% from the same period last year, while contributions to the State budget reached over VND267 billion, satisfying 172% of the total goal. Crucially, by ensuring high unit availability and guaranteeing fuel readiness, the corporation has remained in a constant state of preparedness as it strives to meet dispatch demands from the national power system under all circumstances.
Achieving a daily production close to 100 million kWh signals that PV Power is no longer merely "keeping pace" with demand but is fast emerging as a force capable of helping to shape the market in the face of an increasingly competitive electricity market and mounting pressure from input fuel prices. In addition, this milestone lays a solid foundation for the corporation’s next phase of growth, particularly in advancing LNG-to-power projects whilst simultaneously embracing the broader transition towards a more sustainable energy future.
