The Petro Viet Nam Insurance Joint Stock Corporation (PVI) has recently
signed an agreement to provide insurance service for Lai Chau hydro
power plant project owned by Viet Nam Electricity (EVN).
The finance arm of Electricity of Viet Nam, EVN Finance, conducted a
major sell of all of its 6.22 per cent stake in Thac Ba Hydro-power Co''s
(TBC) capital, the company reported on Friday.
The Ministry of Industry and Trade and provincial authorities have
agreed not to go ahead with 338 hydro-power plant projects with a total
capacity of more than 1,000MW.