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North to face power shortage next year: EVN
The northern region will face power shortages of 1,500-2,400 MW in 2022 during peak hours and extreme weather, Vietnam Electricity has warned.
No incentive price extension for wind power plants: ministry
The Ministry of Industry and Trade said Friday it would not consider extending the feed-in-tariff incentive price for wind power projects after Oct. 31.
EVN posts 49 pct profit rise
National utility Vietnam Electricity (EVN)’s post-tax profit last year surged 49 percent from 2019 to VND14.48 trillion ($631.47 million).
July 5, 2021 | 04:45 am GMT-8
French loan to partly fund central highlands hydropower plant
Vietnam Electricity will borrow EUR74.7 million ($88.9 million) from the French Development Agency to build a hydropower plant in the Central Highlands.
June 29, 2021 | 07:28 pm GMT-8
EVN names contractors for 1,200-MW thermal plant
Vietnam Electricity, the country’ sole power distributor, has signed up three contractors for building a 1,200-MW thermal power plant at a construction cost of $1.3 billion.
June 17, 2021 | 08:02 pm GMT-8
Vietnam to reduce thermal power production
Vietnam targets reducing coal-fired power production by 6 percent this year to prioritize solar and wind energy even as it grapples with limited transmission capacity.
May 5, 2021 | 03:17 am GMT-8
Electricity oversupply forces authorities to cut solar output
After years of facing the threat of power shortages, Vietnamese authorities are concerned about an electricity glut this year, and are cutting renewable energy production.
February 24, 2021 | 12:06 am GMT-8
Vietnam power utility unit to go public
A $2-billion power generation unit of state-owned utility Vietnam Electricity (EVN) will have an initial public offering on the country’s main bourse next month.
January 22, 2021 | 06:00 pm GMT-8
Vietnam to cut 2021 renewable energy output
Vietnam plans to reduce its renewable energy output by 1.3 billion kilowatt hours (kWh) this year, with transmission capacity unable to handle the supply.
January 13, 2021 | 06:00 pm GMT-8
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.
January 5, 2021 | 05:31 am GMT-8
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 | 03:00 am GMT-8
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 6, 2020 | 05:10 pm GMT-8
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 23, 2020 | 09:25 pm GMT-8
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 11, 2020 | 08:00 pm GMT-8
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 | 04:15 am GMT-8
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