Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of Vietnam Electricity, plans to sell over 580.12 million shares, or 48.8875 per cent of its charter capital, to investors and over 1.33 million shares, or 0.1125 per cent, to employees.
GE Vietnam on Monday announced a new contract with Vietnamese State-owned power utility Power Generation Joint Stock Corporation 3 (EVNGENCO 3) to continue supplying parts and services for its Phu My 2.1 and 4 Power Plants.
The company’s valuation, used for its equitisation process, was announced by the Commission for the Management of State Capital at Enterprises on Tuesday.
The Electricity of Vietnam (EVN)''s Power Generation Corporation 1 (EVNGENCO 1) produced nearly 12.4 billion kWh of electricity in the last five months, fulfilling 40.8 per cent of the target set for the year.
