Power Generation Corporation 1 (GENCO1) said that in the first five months of 2018, hydropower plants produced extra 578 million kWh of electricity compared to the plan. The available thermal power plants have been in stable operation and continuously mobilized at the rated power level, with the...
Ending May, 2018, EVNGENCO1 has ensured stable production and business. Hydropower still achieved high growth rate. Especially, the Corporation will submit the plan of divestiture from Da Nhim-Ham Thuan-Da Mi Hydropower JSC and Vietnam Power Development JSC (VNPD) in this June.
Vietnam’s electricity company Vietnam Electricity, or EVN, is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile. Now assigned an Issuer Default Rating (IDR) of ‘BB’ with a ‘Stable Outlook’ for...
VietNamNet Bridge – While the backbone of Vietnam’s electricity remains hydropower, the State-owned Electricity Viet Nam (EVN) says power supply will be ensured for the coming dry season.