EVN resolved to ensure electricity supply
Sunday, February 25,2018AsemconnectVietnam - The Electricity of Vietnam (EVN) will invest in power projects within local and national electricity development planning schemes from 2016-2020.
This is the major task set in the group’s five-year business plan recently approved by Deputy Prime Minister Trinh Dinh Dung.
Under the plan, EVN will develop renewable energy and improve environmental protection during the construction and operation of electricity facilities.
The group will also safely run the national power grid, ensuring electricity supply and the economic efficiency of the electricity system.
Another task is to revamp EVN’s subsidiaries in line with the master plan for rearranging and restructuring enterprises in 2017-2020.
Along with developing the competitive electricity wholesale market, the group will bring electricity to rural, mountainous and island areas, aiming to help most households in these areas access the national power grid by 2020.
During 2016-2020, EVN’s annual commercial power output is expected to increase by 10.08%.
The group plans to put into operation up to 21 turbines with combined capacity of 6,100 MW of 12 projects, including Lai Chau hydropower project (operational in 2016), and the thermal power projects of Duyen Hai III, expanded Duyen Hai III, Vinh Tan IV, expanded Vinh Tan IV and Thai Binh I.
Construction of another eight projects with a total capacity of 5,540 MW is also set to begin in the period. They are the hydropower projects of expanded Ialy, Hoa Binh and Tri An; and the thermal power projects of expanded Vinh Tan IV with its construction starting in 2016, O Mon III and IV, Quang Trach I and II.
EVN will push preparations for the investment in the Tan Phuoc I thermal power project to put the plant into service by 2020, while building solar power projects.
About 300 transmission lines of 500 kV and 200 kV with 12,200 km in length and 66,000 MVA in capacity of transformation stations are projected to become operational during the next five years.
Other tasks for the group include improving the quality of electricity supply, increasing power imports from Laos, Cambodia and China and building 110 kV and middle-and low-voltage transmission lines.
Source: Vov.vn
Eximbank (EIB) target VND5,000 billion profit, up 34% in 2023
Business activities of banks in March 2023
VIB General Meeting of Shareholders: Approved the plan to pay 35% dividend, profit VND12,200 billion
In 2023, Refrigeration Electrical Engineering (REE) plans to increase profit slightly by 0.3% to VND 2,700 billion
PVOIL (OIL): Outstanding output growth in 2022
Sudico AGM (SJS): Growth target in 2023 from 10-15% of revenue
In 2023, Hoang Huy Investment Services (HHS) expects profit up and dividend of 8%
2023 Nam A Bank (NAB) Annual General Meeting of Shareholders: List shares and expand overseas branches
Mobile World (MWG) plans to increase its profit slightly to VND4,200 billion in 2023
Masan (MSN) continues to attract foreign capital up to VND15,000 billion
Century Synthetic Fiber Coporation (STK) successfully approached USD52.5 million in syndicated loans
Hoa Sen AGM for the year 2022-2023 (HSG): HSG will be profitable in March, April and May 2023
Fitch Ratings first international credit rating with GAS at “BB”
PVCoating (PVB) executes a pipe wrapping contract for Vietsovpetro
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...