Electricity sector fares well in 2015
The Electricity of Vietnam (EVN) led the power market in 2015 by supplying 23,580 MW or 60.8% of the country’s total power output of 38,800 MW, up 1.8-fold from 2010.
The State-run group generated and purchased 668.5 million MW from 2011-2015 at an average growth of 10.37% per year.
Retail electricity output rose by 10.84% annually over the past five years to total 587.5 million MW, 1.85 times higher than the GDP growth rate in the same period.
According to EVN National Power Transmission Corporation (EVN NPT), the firm has mobilised more than VND14 trillion (US$624 million) in funding for 44 projects in the reviewed year, including about VND6.43 trillion US$286 million) from overseas investors.
The figure has brought the total funds for its investment in over 200 projects over the last five years up to approximately VND77.2 trillion (US$3.4 billion), 55% of which were sourced from foreign investment.
It earned more than VND14.5 trillion (US$647 million) in revenue, up 34.7% from 2014, and VND315 billion (US$14 million) in profit as targeted.
Retail electricity output rose by 10.84% annually over the past five years to total 587.5 million MW, 1.85 times higher than the GDP growth rate in the same period.
According to EVN National Power Transmission Corporation (EVN NPT), the firm has mobilised more than VND14 trillion (US$624 million) in funding for 44 projects in the reviewed year, including about VND6.43 trillion US$286 million) from overseas investors.
The figure has brought the total funds for its investment in over 200 projects over the last five years up to approximately VND77.2 trillion (US$3.4 billion), 55% of which were sourced from foreign investment.
It earned more than VND14.5 trillion (US$647 million) in revenue, up 34.7% from 2014, and VND315 billion (US$14 million) in profit as targeted.