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Phu Quoc island to connect to national power grid this Tet
04-01-2014 08:49
Local residents on Phu Quoc Island are eager to celebrate the very first Tet, or Lunar New Year, when the island will be connected to the national electricity grid for the first time.
EVN says handled huge losses, raises doubt for $1 bln profit
30-12-2013 08:59
The Electricity Group of Vietnam (EVN), the country’s sole power distributor, hinted during a Friday meeting that they posted a VND4.4 trillion profit in 2012 and in the same year managed to handle VND18.2 trillion out of the VND38 trillion losses accumulated since 2011.
EVN power monopoly to be short-circuited
09-12-2013 15:00
Deputy Prime Minister Hoang Trung Hai has pledged that Vietnam would continue to reduce the Electricity of Vietnam’s monopoly through the development of a competitive electricity market.
Power generation capacity to increase by 462MW
06-12-2013 09:24
The Electricity of Vietnam (EVN) will put into operation new turbines at Song Giang hydropower plant, Dak Drinh hydropower plant and Nghi Son thermoelectric plant in December with a total capacity of 462MW, according to the Ministry of Industry and Trade.
New policies become effective in December
02-12-2013 09:32
Fresh policies shall come into force in December, 2013 including the level of vocational training support for employees, three-level development of electricity market; ceiling level of deposit and labor markets, and new regulations on registration fee.
GE partners with ERAV on development of wind power into the national grid
27-11-2013 17:00
GE and the Electricity Regulatory Authority of Vietnam (ERAV) under the Ministry of Industry and Trade (MoIT), today signed an agreement for a ‘renewable energy integration study’ aimed at developing wind power as a reliable energy source into the national grid.
Government Inspectorate: EVN leaders use luxury items in violation of regulations
16-10-2013 15:39
The Electricity Group of Vietnam (EVN) has been found to spend over VND3 billion (USD142,857) more than the regulated amount for use to buy luxury vehicles for leaders, according to the Government Inspectorate.
EVN opposes Government Inspectorate’s conclusion
09-10-2013 15:48
The Electricity of Vietnam Group (EVN) said some contents of the recent Government Inspectorate’s conclusion on its non-core business are inaccurate.
Government sniffing out sub-standard hydro projects
09-10-2013 11:08
A series of substandard hydroelectricity projects are facing the chop.
Vietcombank lends VND1 tril. to seaport project
02-10-2013 10:26
Bank for Foreign Trade of Vietnam (Vietcombank) last Thursday signed a credit contract to provide VND1 trillion for the Coastal Power Center Seaport developed by Power Generation Corporation 1 under Vietnam Electricity Group (EVN).
Price policies stun investors
09-09-2013 14:44
The absence of a regulatory framework and the low selling price of electricity are discouraging investors from building waste-to-power generation plants in Vietnam, experts say.
Price rethink would allow windpower to breeze in
03-09-2013 10:38
Hope for increased sales prices for electricity generated via wind power projects has risen up as findings by an international consultant employed by the Ministry of Industry and Trade have prompted a possible rethink on the issue.
California fire threatens San Francisco water and power
26-08-2013 08:56
A raging California wildfire burning on the northern tip of the storied Yosemite National Park now threatens San Francisco's water and electricity supply.
Price rise agreement propels wind power growth
19-08-2013 07:38
The domestically-owned Cong Ly Company has received support from the Ministry of Industry and Trade to sell electricity from its Bac Lieu wind power project at a price higher than regulated by the government.
Steel price picks up on power price hike
16-08-2013 09:40
Construction steel price increased VND150,000 per ton on Monday under the impact of rising input costs, including higher electricity and fuel bills, said builders and steel dealers and manufacturers in HCMC.
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