Ministry asks to increase electricity supply by 4.4 billion kWh this year

Friday, May 03, 2024

Statistics showed that Việt Nam Electricity (EVN) commercial electricity output reached 62.66 billion kWh in the quarter, up by 11.42 per cent against the same period last year.

Difficulties faced in negotiations of power purchase agreements: EVN

Thursday, May 02, 2024

In the event Vietnam Electricity (EVN) and investors fail to produce a consensus, the prices will be determined by the Ministry of Industry and Trade with consideration given to fair competition for other sources of electricity. 

Fitch raises rating of Việt Nam's northern power corporation

Monday, Apr 15, 2024

Fitch Rating''s BB credit assessment with a stable outlook will aid EVNNPC in securing foreign investment for capital mobilisation, enabling autonomy in future power project implementation.

Sembcorp transfers power Plant to Vietnam Electricity as operation clause ends

Monday, Mar 11, 2024

Singapore-based Sembcorp Industries’ 67-per cent joint venture Phú Mỹ 3 BOT Power Company Ltd has transferred the Phú Mỹ 3 Power Plant to Vietnam Electricity (EVN) after commercially operating it for 20 years.

Electricity bill shocks caused by changes in meter reading date: EVN

Thursday, Mar 07, 2024

The change in reading date for February increases the number of days calculated in the month’s electricity bill, resulting in higher bills.

Electricity prices expected to surge in 2024: MoIT

Monday, Feb 05, 2024

The suggested price adjustment aims to provide EVN with a sustainable revenue stream for its power plants'' operation and more accurately reflect the group''s input costs.

Ministry puts forward mechanism enabling direct renewable energy purchase

Thursday, Nov 02, 2023

Under DPPA, the producers who sell electricity to buyers through the national grid are required to issue some documents beforehand, which elaborate the calculation of electricity prices and other related fees.

EVN and KfW discuss loan arrangement for hydropower plant

Thursday, Jul 27, 2023

KfW-backed ODAs and non-government-guaranteed loans to EVN have reached 1.5 billion euro (US$1.7 million) as of 2009.

Audit finds loss of more than VND20 trillion at EVN

Wednesday, Jul 12, 2023

The Vietnam Electricity (EVN) announced a loss of VND20 trillion, attributing it to the acquisition of electricity at costs exceeding its selling prices.

PVN takes over two thermal power projects

Friday, Jun 30, 2023

The change of the two projects'' ownership was approved by the Prime Minister on June 24. 

Temporary prices set for two transitional wind power projects

Sunday, May 21, 2023

The two are Nam Binh 1 and Vien An wind power plants.

EVN proposes to extend coal payment

Saturday, May 20, 2023

The decision was made based on the Government’s direction to improve financial conditions.

Renewable investors voice grievances over price negotiation, delays

Wednesday, May 10, 2023

Investors said they had submitted documents and requested to participate in negotiations with the Power Trading Company.

Investors voice concerns over unresolved pricing for renewable projects

Wednesday, Mar 22, 2023

Investors of numerous renewable energy projects demanded solutions to resolve pricing issues in a meeting with Vietnam Electricity (EVN) on Monday. 

MoIT propose adjusting fuel prices every Thursday

Friday, Feb 03, 2023

According to MoIT, shorter price cycles are better at keeping domestic prices closer to the global oil prices, even during holidays (except Tết) to minimise the risk of market disruptions.