Korea’s Doosan interested in EVN’s Quang Trach 2 power project

Korea’s Doosan interested in EVN’s Quang Trach 2 power project

Doosan, a South Korean heavy industry conglomerate, is looking to work with state utility Vietnam Electricity (EVN) on the latter’s Quang Trach 2 power plant in Quang Binh province, among other renewable energy projects.

Energy - Thu, April 18, 2024 | 10:41 am

Renewable power could be purchased directly, not via EVN: draft decree

Renewable power could be purchased directly, not via EVN: draft decree

Manufacturing enterprises should be able to buy electricity directly from renewable energy plants with or without going through state utility Vietnam Electricity (EVN), proposed the Ministry of Industry and Trade in a draft decree regarding the direct power purchase agreement (DPPA).

Energy - Wed, April 17, 2024 | 10:15 am

PV Gas to supply LNG for power production

PV Gas to supply LNG for power production

PV Gas, a subsidiary of state-owned Petrovietnam, is set to supply 70,000 tons of LNG to state utility Vietnam Electricity (EVN) for power production, starting mid-April, PV Gas said Tuesday.

Energy - Thu, April 11, 2024 | 3:43 pm

State utility EVN suffers huge losses from renewable energy licensing violations

State utility EVN suffers huge losses from renewable energy licensing violations

Violations in granting electricity operation licenses and accepting commercial operation dates for a number of solar power projects have caused damage worth hundreds of billions of VND (VND100 billion = $4.04 million) to state utility Vietnam Electricity (EVN).

Economy - Wed, March 27, 2024 | 11:32 am

Sembcorp commemorates its transfer of power plant to Vietnam utility EVN

Sembcorp commemorates its transfer of power plant to Vietnam utility EVN

Sembcorp Industries (Sembcorp), through its 67%-owned joint venture Phu My 3 BOT Power Company Ltd, on Friday commemorated the transfer of Phu My 3 Power Plant to Vietnam Electricity (EVN) after 20 years of successful commercial operations.

Companies - Sat, March 9, 2024 | 11:15 pm

EVN subsidiary, Australian firm to cooperate in offshore wind power development

EVN subsidiary, Australian firm to cooperate in offshore wind power development

EVNGENCO 3, a subsidiary of state utility Vietnam Electricity (EVN), and Australian offshore wind developer Corio Generation on Tuesday signed a memorandum of understanding on offshore wind power development in Vietnam.

Energy - Wed, March 6, 2024 | 4:23 pm

No power shortage under ‘any circumstances,’ pledges state utility EVN

No power shortage under ‘any circumstances,’ pledges state utility EVN

Vietnam Electricity (EVN), which holds a power distribution monopoly, is committed to not letting power shortages happen under “any circumstances” in order to accommodate economic growth of 6-6.5% this year.

Energy - Mon, March 4, 2024 | 4:49 pm

Thermal power plant transferred to state utility EVN after BOT contract ends

Thermal power plant transferred to state utility EVN after BOT contract ends

The 715 MW Phu My 3 thermal power plant has been transferred to state utility Vietnam Electricity (EVN) for ongoing operation after its build-operate-transfer (BOT) contract ended.

Energy - Sat, March 2, 2024 | 2:53 pm

SMEs should strengthen cyber security with greater awareness of threats, risks: RMIT analysts

SMEs should strengthen cyber security with greater awareness of threats, risks: RMIT analysts

Better awareness of cyber threats and risks is crucial for Vietnam’s small and medium-sized enterprises (SMEs) in avoiding losses and reputation damage, said RMIT analysts.

Consulting - Fri, February 23, 2024 | 9:40 pm

Korea’s Hyosung, Vietnam Electricity eye technological cooperation

Korea’s Hyosung, Vietnam Electricity eye technological cooperation

South Korean industrial chaebol Hyosung and state utility Vietnam Electricity (EVN) plan to enhance their technological cooperation, company executives said at a Friday meeting.

Companies - Sat, February 3, 2024 | 2:52 pm

Cost of materials inflated in EVN Binh Thuan scam

Cost of materials inflated in EVN Binh Thuan scam

Many types of materials and electrical equipment used in a scandal involving Power Company Binh Thuan, a subsidiary of state utility Vietnam Electricity (EVN), and Tuan An Group had their prices inflated by up to 300%.

Society - Thu, February 1, 2024 | 10:52 pm

Siemens Energy proposes EVN cooperation for offshore wind power transmission

Siemens Energy proposes EVN cooperation for offshore wind power transmission

Siemens Energy Vietnam has proposed cooperation with state utility Vietnam Electricity (EVN) in the transmission of offshore wind power projects’ output using high voltage direct current (HVDC) technology.

Energy - Fri, January 19, 2024 | 2:13 pm

Con Dao island to power up with $103 million investment

Con Dao island to power up with $103 million investment

State utility Vietnam Electricity (EVN) will be allocated VND2.53 trillion ($102.8 million) to extend the power grid to Con Dao island off the southern province of Ba Ria-Vung Tau per a resolution passed by the National Assembly on Thursday.

Energy - Fri, January 19, 2024 | 10:14 am

EVN must ensure sufficient power supply, financial balance: Prime Minister

EVN must ensure sufficient power supply, financial balance: Prime Minister

State utility Vietnam Electricity (EVN) must accurately forecast electricity demand and efficiently utilize power sources to ensure supplies, avoiding the outages that struck during peak periods in 2023, said Prime Minister Pham Minh Chinh.

Economy - Mon, January 15, 2024 | 8:32 am