The Nhon Trach 3 power plant, Vietnam’s first LNG-fuelled power plant, was connected to the national grid on February 5, generating 50 MW of electricity.

Petroietnam Power Corporation (PV Power) is cooperating with the Republic of Korea (RoK)’s EN Technologies Inc. to develop electronic vehicle (EV) charging stations to promote clean energy and reduce environmental pollution.

The PetroVietnam Power Corporation (PV Power) has set a target to generate nearly 7.84 billion kWh of electricity, earning a revenue of over VND11.6 trillion (US$489.7 million) in the second half of 2023.

PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND1.159 trillion (over US$49.56 million) in the first six months of 2022, surpassing the target set for the entire year by 56%.

Credit ratings agency Fitch Ratings has assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook for the second consecutive year.

VOV.VN- PetroVietnam Power Corporation (PV Power) and the consortium of Samsung C&T Corporation, LILAMA Corporation have signed an Engineering - Procurement – Construction (EPC) Contract for Nhon Trach 3 and Nhon Trach 4 Power Plant Project (Nhon Trach 3&4 Project), and other relevant agreements.

A credit contract to provide US$95 million for the restructuring of Dak Drinh hydro power plant was signed in Hanoi on December 14.

The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), set a goal of producing 1,707 million KWh of power and earning nearly VND2.5 trillion (US$110.3 million) in November.

VOV.VN - A ceremony to launch the Quang Ninh liquefied natural gas (LNG) power project was held on October 24 in Cam Pha city, the northern province of Quang Ninh.

VOV.VN - Fitch Ratings has assigned PetroVietnam Power Corporation-Joint Stock Company (PV Power) a long-term foreign-currency issuer default rating (IDR) of 'BB', with a positive outlook moving forward.