Tags

EVN

Competitiveness, transparency critical for sustainable electricity development

Competitiveness, transparency critical for sustainable electricity development

Electricity pricing mechanism must properly reflect changes in input costs and be able to cover reasonable expenses as well as a fair margins to attract investment.
Millions of customers see electricity bills rise 30 per cent or more

Millions of customers see electricity bills rise 30 per cent or more

More than 3.2 million households across Việt Nam saw their August electricity bills rise by 30 per cent or more from July, but initial checks have not found any errors in billing, Việt Nam Electricity (EVN) said.
Power play over EVN losses

Power play over EVN losses

The draft has been sent to the Ministry of Justice for review and is expected to be submitted for approval this month.
Experts question proposal to add EVNs losses to electricity prices

Experts question proposal to add EVN’s losses to electricity prices

Experts remain split on who should bear EVN’s losses.
Power prices set to rise as hidden costs surface

Power prices set to rise as hidden costs surface

The Ministry of Industry and Trade has proposed adding previously unaccounted costs into retail electricity prices to help the Vietnam Electricity (EVN) to narrow losses and stabilise its finance.
EVN invests nearly 50 million to restart Ninh Thuận nuclear power project

EVN invests nearly $50 million to restart Ninh Thuận nuclear power project

The move follows the National Assembly’s approval in November 2024 of a resolution allowing the resumption of the project, which was halted in 2016.
EVN secures 65 million EUR loan for expanded Trị An hydropower plant project

EVN secures 65 million EUR loan for expanded Trị An hydropower plant project

This is the first project that KfW has lent to EVN in the form of a direct loan, without a government guarantee.
Electricity price hikes must come with support measures: NA Deputies

Electricity price hikes must come with support measures: NA Deputies

This marks the second adjustment since 2023, bringing the total increase over the past three years to more than 17 per cent.
Green energy development in IPs brings chances and challenges for enterprises

Green energy development in IPs brings chances and challenges for enterprises

Development of rooftop solar in industrial parks (IPs) presents great opportunities and also challenges for businesses and investors, according to experts at a forum on promoting green energy within IPs held on May 15.
Electricity prices increase by 4.8 per cent amid soaring generation costs

Electricity prices increase by 4.8 per cent amid soaring generation costs

Việt Nam Electricity (EVN) on Friday announced that the average retail electricity price will be increased by 4.8 per cent starting from Saturday, marking the fourth hike since early 2023.
EVN proposes offshore wind power price cap of up to 0.15/kWh in northern Việt Nam

EVN proposes offshore wind power price cap of up to $0.15/kWh in northern Việt Nam

According to EVN, the proposed price cap is based on input parameters developed by the Institute of Energy and d in accordance with the Việt Nam–Denmark Technology Handbook.
EVN wants to invest in more power generation projects

EVN wants to invest in more power generation projects

Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply for socio-economic development demand.
Increase in electricity prices concerns manufacturer

Increase in electricity prices concerns manufacturer

The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.
EVN incurred more than VNĐ21 trillion in losses on rising costs

EVN incurred more than VNĐ21 trillion in losses on rising costs

Việt Nam Electricity incurred a loss of more than VNĐ21 trillion (US$845 million) in 2023 on rising electricity production costs, according to the results of an inspection announced by the Ministry of Industry and Trade on Thursday.
PetroVietnam, EVN sign agreements to promote LNG power

PetroVietnam, EVN sign agreements to promote LNG power

Vietnam Oil and Gas Group (Petrovietnam) on Friday signed a power purchasing agreement (PPA) for Nhơn Trạch 3 and 4 power plant project and a memorandum of understanding to supply liquified natural gas (LNG) for Quảng Trạch 2 with Vietnam...