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French loan to partly fund central highlands hydropower plant

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.
EVN names contractors for 1,200-MW thermal plant

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 18, 2021 | 11:02 am GMT+7
Vietnam to reduce thermal power production

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 05, 2021 | 06:17 pm GMT+7
Electricity oversupply forces authorities to cut solar output

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 | 03:06 pm GMT+7
Vietnam power utility unit to go public

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 23, 2021 | 09:00 am GMT+7
Vietnam to cut 2021 renewable energy output

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 14, 2021 | 09:00 am GMT+7
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.
January 05, 2021 | 08:31 pm GMT+7
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
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