Information from the Ministry of Industry and Trade said that the Prime Minister has issued a decision approving the policy of transferring the National Power System Dispatch Center (A0) to the Ministry of Industry and Trade and this unit has a new name: National Power System and Electricity Market Operation Company Limited.

According to Decision No. 753/QD-TTg dated August 1, 2024 of the Prime Minister, the right to represent the State capital owner at the National Electricity System and Electricity Market Operation Company Limited (NSMO) is transferred from the State Capital Management Committee at Enterprises to the Ministry of Industry and Trade after completing the separation and establishment of NSMO according to regulations.

Regarding implementation, the Government requests relevant ministries, agencies, localities and enterprises to take responsibility for organizing the implementation of this decision based on their functions, tasks and authority.

The Ministry of Industry and Trade is primarily responsible for preparing all necessary conditions to receive the NSMO, including a mechanism to ensure working capital for the NSMO in accordance with regulations, ensuring that the NSMO continues to operate stably, continuously and effectively after the transfer.

NSMO proactively studies, proposes, and forecasts difficulties and problems in the operation process, has specific proposals, and clearly states the authority to amend, supplement, and issue new legal documents and relevant instructions to serve the effective and safe operation of the power system.

PHUC VAN