At the awarding ceremony (Source: VNA) Hanoi (VNA) – The Electricity of Vietnam (EVN) has entered the list of the top 100 sustainable enterprises in 2018 which was announced by the Vietnam Business Council for Sustainable Development (VBCSD), under the Vietnam Chamber of Commerce and Industry (VCCI). The group has joined the assessment of corporate sustainability index (CSI) for the first time. Launched in 2015, the CSI has 131 indicators for enterprises to assess their economic, social and environmental aspects. In 2017, EVN generated 174.65 billion kWh of electricity, posting a rise of 9.3 percent from 2016. The group has so far connected all communes and 98.83 percent of households nationwide to the national power grid. With that, Vietnam has been recognized by the World Bank as one of the countries with the best power access by remote and rural areas. Vietnam’s Getting Electricity indicator was ranked 27th among 190 countries and economies in the World … [Read more...] about EVN enters “sustainable enterprises” list in 2018
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EVN seeks to ensure adequate power supply
(VEN) - The Vietnam Electricity (EVN) says that given annual power consumption growth of over 10 percent, the company will have to invest great efforts to avoid power shortages from 2020 on. Accelerating investment Total generated and imported electricity output of the whole system reached 18.4 billion kWh (614.8 million kWh per day, on average) in September 2018 and 163.5 billion kWh in the first nine months of this year, an increase of 10.54 percent compared to the same period last year. In the first nine months of the year, EVN and its member units put into operation four 500kV, 20 220kV and 97 110kV projects; and kicked off construction of five 500kV, 11 220kV and 86 110kV projects. The power sector also completed and put into operation the Song Bung 2 Hydropower Plant with total capacity of 100MW. EVN put into operation two power units at the Vinh Tan 4 Thermal Power Plant and two power units at the Thai Binh Thermal Power Plant. EVN Deputy General Director Ngo Son Hai said … [Read more...] about EVN seeks to ensure adequate power supply
EVN SPC empowers rural southern areas
Thanks to favorable weather conditions, EVN SPC is accelerating projects connecting remote and rural areas and islands to the grid. The project’s second phase of supplying power from the national grid to five districts of Bac Lieu Province, including Vinh Loi, Hoa Binh, Phuoc Long, Hong Dan and Dong Hai was completed within three years. It consists of 971km of a medium-voltage transmission line and 869km of a low-voltage transmission line, and 1,119 substations with total investment capital of VND1.136 trillion. Once the project is completed, it will secure power supply for 18,791 households of 254 hamlets in 39 communes of five districts, meeting irrigation demand of agricultural production and aquaculture for 67,749ha of agricultural land in the locality. EVN SPC General Director Nguyen Van Hop said the corporation has deployed many power supply projects in remote areas, such as power supply to villages in Lam Dong Province, Khmer people in Soc Trang, Tra Vinh and Kien Giang … [Read more...] about EVN SPC empowers rural southern areas
EVN accelerating electricity projects to ensure supply for next year
Illustrative image. (Source: VNA) Hanoi (VNA) – The Vietnam Electricity Group (EVN) has announced that it will accelerate its projects within this year to ensure electricity supply for 2019, thus meeting rising demand for energy in service of the national development as well as that by foreign investors. The projects include the 220kV transformer stations in Luu Xa, Quynh Luu and Quang Chau, along with the Binh Long – Tay Ninh 220kV line, among others. At the same time, the group will hand over the site for the construction of a 500kV line. The EVN is striving to start the operation of the South Saigon – Precinct 8 220kV line within this month. As for the equitization, the group is completing its procedures to turn its affiliate Electricity Generation Corporation 3 (EVNGENCO3) into a shareholding one, along with the steps to do the same with the EVNGENCO2 and EVNGENCO1 after the guidelines of the Prime Minister and the committee on the management of the State … [Read more...] about EVN accelerating electricity projects to ensure supply for next year
EVN separates service units from production operations
Another one of the tasks of the restructuring project of the power sector and a master plan on restructuring enterprises under the EVN for the 2017-2020 period is to separate power distribution costs and retail costs towards increasing transparency in the pricing mechanism. Accordingly, five power corporations and the National Power Transmission Corporation (EVNNPT) will separate repair services and power grid management to improve efficiency of trade and production activities, as well as to promote the leading role of the EVN in general and enterprises in particular. However, the restructuring of EVN and its member units together with the application of science and technology in management and operation have made some workers redundant. According to experts, the establishment of power service companies is an initiative that benefits not only the power sector but also society, creating jobs for redundant workers, meeting the requirements of the restructuring, providing diversified … [Read more...] about EVN separates service units from production operations