Tag: evn
PM requests enhancing power saving, accelerating rooftop solar rollout
Prime Minister Pham Minh Chinh has issued a directive, requesting stricter electricity-saving measures and accelerated development of self-produced, self-consumed rooftop solar power, as Vietnam moves to secure energy supply amid rising demand and global uncertainties.
Vietnam's first pumped-storage hydropower project secures two int’l loan deals
The Bac Ai pumped-storage hydropower project in the south-central province of Khanh Hoa has secured two international loan agreements worth EUR76 million (US$88.2 million) each.
EVN signs loan agreement with Big Four banks for LNG power project
Vietnam Electricity (EVN) has signed the loan agreement for Sub-project 1 of the LNG Quang Trach II Power Plant project with four major banks, with the total value amounting to VND29.57 trillion (US$1.14 billion).
AFD provides EUR76-million loan for VN’s first pumped-storage hydropower plant
The Vietnam Electricity (EVN) Group has announced that it signed a credit agreement with the French Development Agency (AFD) for a loan worth EUR76 million (US$89.47 million) to implement the Bac Ai pumped-storage hydropower plant (Bac Ai project) in Khanh Hoa province.
Fitch Ratings affirms Northern Power Corporation at ‘BB+’ with stable outlook
Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB+” with a Stable Outlook, according to Fitch Ratings.
Equitisation aims to enhance business capacity: Deputy PM
Equitisation is not aimed at selling land or assets but improving the capacity and efficiency of State-owned enterprises (SOEs) to strengthen the national economy, Deputy Prime Minister Ho Duc Phoc said at a meeting in Hanoi on October 14.
EVN secures EUR65 million loan for expanded Tri An hydropower plant project
Electricity of Vietnam (EVN) has signed a loan agreement worth EUR65 million (US$75.5 million) with the German Reconstruction Bank (KfW) for the Tri An hydropower plant expansion project, the group has announced.
Gov't demands starting work on North – South high-speed railway by end of 2026
The Government on April 23 issued Resolution No. 106/NQ-CP that details the roadmap for implementing the North – South high-speed railway project, requesting all necessary conditions be completed to commence construction no later than December 31, 2026.
EVN proposes offshore wind power price cap of up to US$0.15/kWh in northern Vietnam
Vietnam Electricity (EVN) has proposed a regional electricity price framework for offshore wind power projects, with the highest suggested rate in the northern region reaching VND3,975.1 per kWh, equivalent to approximately US$0.15.
500kV transmission line from Laos energised
The Monsoon – Thanh My 500kV transmission line project's section in the Vietnamese territory was successfully energised on January 23 evening, according to the Vietnam Electricity (EVN)’s Power Project Management Board 2 (EVNPMB2).