13-07-2006 17:39
The Ministry of Industry (MoI) is pushing ahead for Central Party Committee approval to raise power prices.At a meeting with the committee’s Economic Board on energy prices, held last week in Hanoi, MoI officials said the urgent demands of reinvestment for power projects and debt repayment were the reason for the proposed increase of electricity prices.
10-04-2006 17:40
Government officials said last week that proposed increases in electricity prices were reasonable and would not have an adverse effect on the economy.
22-03-2006 18:13
The cash-strapped power industry got an injection of financial support from the World Bank, which last week decided to provide huge loans.
06-03-2006 18:01
The new price of electricity proposed by Electricity of Vietnam (EVN) was rejected last week, meaning the sole enterprise that distributes electricity will have to cope with a greater financial burden for investment.
03-10-2005 18:01
A multi-billion dollar electricity complex in the central province of Ha Tinh has been proposed as a way to meet an expected rise in the central region’s power demands over the next few years.
15-08-2005 17:41
The US-based Gannon Group has unveiled a plan to invest $200 million to build a 600 megawatt gas-fuelled power factory to supply electricity for manufacturing enterprises located in the industrial parks of southern Dong Nai province.
27-12-2004 17:41
Foreigners in Vietnam are banking on the government to approve a plan to remove the electricity industry’s two-tiered pricing system, a scheme that offers Vietnamese nationals lower rates than their foreign counterparts.
23-11-2004 18:15
The government is likely to grant a special privilege concerning the lending limit for one state-owned commercial bank so it could fund a capital-thirsty national power transmission lines project developed by Electricity of Vietnam (EVN).
07-06-2004 18:03
India’s $26-million KCP Vietnam Sugar Company said last week it planned to build two additional power facilities once the company’s negotiations on electricity price with Electricity of Vietnam (EVN) produced positive results.
17-05-2004 18:03
State-run Electricity of Vietnam is reconsidering its power purchasing contract with Hung Nghiep Formosa, saying the price set by the Taiwan-backed joint venture is “impossible”.
24-11-2003 17:43
State-owned Electricity of Vietnam (EVN) is to introduce a competitive pricing mechanism to stimulate competition in the electricity supply industry.