972 per cent of evn genco 3 shares remained unmarketable

97.2 per cent of EVN Genco 3 shares remained unmarketable

At this morning’s auction, only 2.8 per cent of Power Generation Corporation 3 (EVN Genco 3)’s offered shares was sold, leaving 97.2 per cent of the offered shares unmarketable.
evn genco 3 reports unsuccessful ipo

EVN Genco 3 reports unsuccessful IPO

While PetroVietnam Power Corporation (PV Power)’s shares sold out at its initial public offering (IPO), Power Generation Corporation 3 (EVN Genco 3) proved unmarketable with only 2.8 per cent of the offered shares registered for sale.
evn inspection spells two counts of trouble

EVN inspection spells two counts of trouble

The Government Office has just announced the conclusions of Deputy Prime Minister Vuong Dinh Hue on the financial inspection of state-run Electricity of Vietnam (EVN).
thousands of investors line up for pv power and evn genco 3

Thousands of investors line up for PV Power and EVN Genco 3

The two heavyweight power producers, Power Generation Corporation 3 (EVN Genco 3) and PV Power, have been luring in investors for their IPOs, with the registered share volume exceeding the shares on offer.
foreign investors crowd evn genco 3 ipo

Foreign investors crowd EVN Genco 3 IPO

Numerous foreign investors registered to buy the 36 per cent stake put on offer to a strategic investor in Power Generation Corporation 3 (EVN Genco 3) of Electricity of Vietnam (EVN). 
evn to pay tax arrears of vnd19 trillion

EVN to pay tax arrears of VND1.9 trillion

The Ministry of Finance (MoF) is demanding more than VND1.9 trillion (US$85 million) in tax arrears from Electricity of Viet Nam (EVN) after uncovering that the group had failed to declare its costs accurately.
ipo of heavyweight power producers electrifies market

IPO of heavyweight power producers electrifies market

Power Generation Corporation 3 (EVNGenco 3) of Electricity of Vietnam (EVN) will put VND6.6 trillion ($290.6 million) worth of shares on sale at its initial public offering (IPO) and offer stakes for strategic investors, providing another investment opportunity for investors in the electricity sector, along with PV Power’s offers.
evn proposes to striking pvc lilama off as contractor of quang trach thermal power plant

EVN proposes to striking PVC-Lilama off as contractor of Quang Trach thermal power plant

Electricity of Vietnam (EVN) has proposed the prime minister to replace PVC-Lilama contractor at the Quang Trach 1 thermal power plant project due to its weak capacity as well as EVN’s lack of trust in the company’s ability to develop the construction on schedule, according to newswire Vietnamnet. 
evn looking for alternative capital sources

EVN looking for alternative capital sources

Electricity of Vietnam (EVN) is struggling to find sources of funding to meet its need of estimated $40 billion for its approved projects by 2020.
coal prices power generator coal company reach agreement

Coal prices: Power generator, coal company reach agreement

The Electricity of Viet Nam (EVN) and its coal supplier Viet Nam National Coal and Mineral Industries Group (Vinacomin) have finally reached an agreement on coal selling prices for power production.
new energy sources households can generate solar power

New energy sources: households can generate solar power

More and more households plan to install solar panels on their roofs to generate electricity. Once EVN completes its policy on electricity purchase, households will be able to join the electric power market.
closer look at three companies to be divested by vnpt and evn

Closer look at three companies to be divested by VNPT and EVN

In late August, Vietnam Posts and Telecommunications Group (VNPT) and Electricity of Vietnam (EVN) will divest their capital in three major companies with a total charter capital amount of VND1 trillion ($44 million).
third times the charm pv power announces december ipo

Third time’s the charm: PV Power announces December IPO

PV Power, a wholly-owned subsidiary of state-owned PetroVietnam and the second largest electricity producer in Vietnam after Electricity of Vietnam (EVN) in terms of capacity, hopes to complete its equitisation in December this year, after having missed the deadline numerous times, according to information published on the company’s website.
new decision to boost power pricing transparency

New Decision to boost power pricing transparency

Prime Minister Nguyễn Xuân Phúc has promulgated a new decision allowing the Electricity of Việt Nam (EVN) to raise the average retail price of electricity by between 3-5 per cent on its own, without approval from the  Ministry of Industry and Trade (MoIT). Nguyễn Anh Tuấn, director of the Electricity Regulatory Authority of Việt Nam (ERAV) spoke with the media about the decision.
ninh thuan works on 2 solar power projects

Ninh Thuận works on 2 solar power projects

Leaders in Ninh Thuan province on Wednesday began joint work with Power Generation Corporation 3 (Genco 3), under Viet Nam Electricity Group (EVN), on two solar power projects in the province.