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Solar power boom poses a distribution challenge

Solar power boom poses a distribution challenge

The increasing solar power capacity has made it difficult for national utility Vietnam Electricity (EVN) to ensure stable power distribution nationwide.
Industry leadership incentives proposed for three state-owned giants

Industry leadership incentives proposed for three state-owned giants

The Ministry of Planning and Investment has proposed special policies for telcom giants Viettel and MobiFone and national utility Vietnam Electricity to enable industry leadership.
December 22, 2020 | 06:00 pm GMT+7
National power utility auctions plant for fourth time

National power utility auctions plant for fourth time

A Vietnam Electricity (EVN) unit will auction a loss-making hydropower plant for the fourth time after previous attempts failed to attract a single bidder.
November 07, 2020 | 08:10 am GMT+7
National power utility faces financial crunch

National power utility faces financial crunch

Vietnam Electricity (EVN) will face increasing financial difficulties in the coming years as its payment obligations to independent power projects keep rising.
September 24, 2020 | 12:25 pm GMT+7
Competitive distribution market unlikely to reduce power prices: experts

Competitive distribution market unlikely to reduce power prices: experts

With Vietnam planning to end its power distribution monopoly in 2024, experts expected consumer benefits in reduced prices are unlikely to materialize.
September 12, 2020 | 11:00 am GMT+7
Solar power production triples

Solar power production triples

Vietnam’s Jan-Aug solar power production surged 2.94 times year-on-year to 6.39 billion kWh, with an increase in the number of plants.
September 10, 2020 | 07:15 pm GMT+7
Coal supplier to sue Vietnam Electricity for delayed payment

Coal supplier to sue Vietnam Electricity for delayed payment

A coal supplier has sued national utility Vietnam Electricity (EVN) for payment of VND208 billion ($9 million) under a power plant supply contract.
August 12, 2020 | 08:20 am GMT+7
Vietnam breaks electricity consumption record amid heat wave

Vietnam breaks electricity consumption record amid heat wave

Electricity consumption capacity in Vietnam recorded an all-time high of 38,800 MW on Tuesday, according to Vietnam Electricity Corporation (EVN).
June 24, 2020 | 06:50 pm GMT+7
EVN denies Hanoi air pollution caused by coal-fired power plants

EVN denies Hanoi air pollution caused by coal-fired power plants

State power utility EVN has said that its and others' coal-fired plants situated east of Hanoi are too far away to pollute the city.
December 19, 2019 | 07:45 am GMT+7
No power shortages in 2020, PM orders

No power shortages in 2020, PM orders

The Prime Minister has ordered that there are no power shortages next year, when demand is set to rise by 9.2 percent.
December 26, 2019 | 12:00 pm GMT+7
Vietnam Electricity reports sharp fall in profits on power production

Vietnam Electricity reports sharp fall in profits on power production

Vietnam Electricity’s profits from power production plummeted last year due to rising costs, a new report from the state utility said.
December 19, 2019 | 02:00 pm GMT+7
Trade ministry seeks sanction for private firm to install transmission line

Trade ministry seeks sanction for private firm to install transmission line

The Ministry of Industry and Trade wants a private company to install a power transmission line in the central region, hitherto a state monopoly.
November 07, 2019 | 03:32 pm GMT+7
Power utility mobilizes oil-fired electricty as water supply falls

Power utility mobilizes oil-fired electricty as water supply falls

National power utility Vietnam Electricity (EVN) has been mobilizing highly expensive oil-powered plants as low water levels have constrained production at hydropower plants.
October 26, 2019 | 09:00 am GMT+7
Vietnam state utility EVN to borrow $278 mln to expand hydro plant

Vietnam state utility EVN to borrow $278 mln to expand hydro plant

State-run utility EVN will borrow up to VND6.45 trillion ($278 million) to expand a hydroelectric plant near Hanoi, the government said Wednesday. 
September 26, 2019 | 08:12 am GMT+7
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