Standing Vice Chairman of the Provincial People's Committee: Ensuring sufficient electricity supply for socio-economic development and people's daily life

On the afternoon of January 4, Nghe An Electricity Company held a conference to review production and business activities in 2022 and deploy tasks for 2023. Attending the conference were comrade Le Hong Vinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee; representatives of leaders of departments, branches and sectors of Nghe An province.

Attending the conference was Mr. Vu The Nam - Member of the Board of Members of Northern Power Corporation.

Delegates attending the conference. Photo: Thanh Le

Successfully complete production and business targets

With the theme "Safe, flexible and effective adaptation", in order to continue production and business activities, investment and development, and implement the digital transformation roadmap in the new normal conditions, in 2022, Nghe An Power Company has implemented many innovative action programs, overcome difficulties and challenges to successfully complete production and business targets assigned by the Northern Power Corporation.

In 2022, the Company will ensure safe and stable power supply to serve political activities, socio-economic development, production and daily life needs of people in the province; ensure absolute safety in production and labor; successfully complete assigned tasks and production and business plan targets.

Comrade Bang Hong Hien - Director of Nghe An Electricity Company delivered the opening speech at the conference. Photo: Thanh Le

In which: Commercial electricity reached over 4,229.64 million kWh/ 4,504.00 kWh of the assigned plan, up 3.02% compared to the previous year, equal to 93.91% of the plan. The total accumulated loss of the Company was 6.24%, lower than -0.95% compared to the same period last year and achieved the plan assigned by the Corporation. The accumulated average selling price was 1,838.79 VND/kWh/ 1,831.20 VND/kWh, 21.85 VND/kWh higher than the previous year and 7.59 VND/kWh higher than the plan assigned by NPC.

Representative of Nghe An Electricity Company reported the unit's production and business results in 2022. Photo: Thanh Le

The Company's revenue in 2022 reached 7,777.42/ 8,247.72 billion VND, an increase of 104.26% over the same period, equal to 94.30% of the year's plan. By the end of 2022, the Company was managing 1,053,203 customers, of which 925,225 were residential customers (accounting for 88%) and 127,978 were non-residential customers (accounting for 12%).

Nghe An Electricity Company has soon implemented cashless electricity payment to facilitate customers when paying electricity bills. By the end of 2022, the rate of customers paying cashless electricity bills accounted for 82% of customers paying electricity bills in the month. The amount of electricity paid without cash accounted for 93% of the electricity bill collected in the month.

Permanent Vice Chairman of Nghe An Provincial People's Committee Le Hong Vinh spoke at the conference. Photo: Thanh Le

At the same time, Nghe An Electricity Company has completed data digitization under the direction of the Corporation, completed the digitization of electricity purchase and sale contracts, standardized customer information, standardized transformer station information; digitized the entire business process and customer service, in order to increasingly improve service quality, creating the most favorable conditions for customers when using electricity services.

The annual activity "Customer Appreciation Month" has always been of interest to Nghe An Power Company, implemented effectively and meaningfully. In 2022, Nghe An Power Company achieved 14/14 customer service quality targets.

Mr. Vu The Nam - Member of the Board of Members of the Northern Power Corporation spoke at the conference. Photo: Thanh Le

In operation management, Nghe An Power Company has focused on automating grid operations. By the end of 2022, the Company had put 19/19 unmanned transformer stations into operation.

Nghe An Power Company also pays special attention to investing in the construction of new power distribution grid infrastructure. In 2022, the Northern Power Corporation and Nghe An Power Company invested in the construction of 22 new projects with a total investment of 410 billion VND.

Representatives of the Northern Power Corporation presented gifts to Nghe An Power Company. Photo: Thanh Le

In addition to the goal of ensuring safe, stable and continuous electricity supply and improving reliability, in 2022, Nghe An Electricity Company has focused all resources and coordinated with relevant parties to bring electricity to highland villages and ethnic minority areas.

Ensure safe and stable power supply

Speaking at the conference, comrade Le Hong Vinh - Permanent Vice Chairman of the Provincial People's Committee acknowledged, commended and highly appreciated the contribution of Nghe An Electricity Company to the socio-economic development of the province.

Comrade Bang Hong Hien - Director of Nghe An Electricity Company awarded Nam Dan Electricity Unit the First Prize for excellently completing production and business targets in 2022. Photo: Thanh Le

Emphasizing that in 2023 and the following years, the demand for electricity will increase, so Nghe An province needs to pay attention and coordinate with the Northern Power Corporation. Nghe An Power Company needs to ensure safe and stable operation of the power system, ensure sufficient electricity supply for socio-economic development, people's lives and improve service quality for customers.

Representatives of the Northern Power Corporation awarded Certificates of Merit to groups that successfully completed production and business tasks. Photo: Thanh Le

Standing Vice Chairman of the Provincial People's Committee Le Hong Vinh hopes that in the coming time, the Company will continue to comprehensively complete the targets assigned by the Northern Power Corporation; reduce costs, increase revenue, improve production and business efficiency and labor productivity; ensure jobs, life, and increase the average income of workers higher than in 2022.

Authorized by Mr. Bang Hong Hien - Director of Nghe An Electricity Company, he presented awards from the leaders of the Northern Electricity Corporation to the collectives. Photo: Thanh Le

In addition, the Company needs to promote digital transformation in its fields of operation; strengthen corporate culture; reduce power loss; reduce grid incidents, improve power supply reliability; and ensure labor safety.

Along with improving production and business efficiency, the Company continues to actively participate in social security work in the province.

Representatives of Nghe An Electricity Company awarded prizes to the groups. Photo: Thanh Le

On this occasion, the Northern Power Corporation rewarded collectives and individuals who completed their tasks well in 2022. Nghe An Power Company rewarded collectives that completed production and business targets in 2022.

Awarding prizes to units that won Third Prize and Encouragement Prize for achieving production and business targets in 2022. Photo: Thanh Le

Nghe An Electricity Company plans to strive for key production and business targets in 2023:

- Trade reached 4,600 million kWh, up 8.8% over the previous year.

- Average selling price reached 1,827.18 VND/kWh, down 11.61 VND/kWh compared to last year.

- Electricity bill collection rate reaches ≥ 99.8%, strictly controlling and managing cash flow.

- Electricity access index ≤ 5 working days.

- Electricity loss ratio: £5.98% down -0.45% from 2022.

- Percentage of customers paying without cash: 85%.

- All 14 customer service indicators met and exceeded NPC requirements.