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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.
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.
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
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
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
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
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’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
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
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
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
Vietnam shoots past renewable energy target
Renewables account for 9 percent of Vietnam's energy mix now, already surpassing the target of 7 percent set for 2020.
September 18, 2019 | 05:35 pm GMT+7
Renewable energy sector sees increasing interest from foreign investors
Vietnam’s rising demand for power and easier investment conditions are drawing more foreign investors into the green energy sector.
August 28, 2019 | 03:09 pm GMT+7
Power plants fuelled by oil a financial risk, EVN cautions
National power utility EVN says running oil-fuelled power plants to meet domestic demand will be a huge financial challenge.
July 25, 2019 | 09:55 am GMT+7
National power grid unable to cope with influx of new solar plants
Eighty one new renewable power plants began operations in the second quarter, overloading transmission lines.
July 05, 2019 | 08:12 pm GMT+7
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