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Deputy Prime Minister Ho Duc Phoc has just signed Decision No. 1271/QD-TTg dated October 25, 2024, approving the Project to Restructure The Electricity of Vietnam (EVN) until the end of 2025 with a total overcome to grow by an average of 7-10%.

In the first 6 months of 2024, EVN has ensured a safe and stable electricity supply for socio-economic development and meeting the people's daily needs, in the context of development electricity demand continues to increase.

The report updating the production and business activities of EVN informed that in April 2024 the electricity demand very high grew due to the economic recovery continuously recuperated, at the same time, head wave intensive occurred in all 3 regions, EVN still maintained to ensure the safe and continuous electricity supply for socio-economic development and the daily needs of the people, especially during the holiday period April 30 - May 1.

The electricity of Vietnam (EVN) forecasted that in the next June and July, the North will enter the peak hot weather and the load of the national power system will increase higher than planned. With the hydrological situation and the slow progress of new power projects, the North would likely lack thousands of MW of electricity in this hot season.

Electricity of Vietnam (EVN) has just decided to adjust the average electricity retail price by VND 1,920.3732/kWh (excluding value added tax - VAT) from May 4, 2023.

The Electricity of Vietnam (EVN) informed that as of the beginning of August 2021, there 106 wind power projects with a total capacity of 5,655.5 MW sent the documents for asking the EVN to recognize them in Commercial Operation Date (COD).

In many recent years, Electricity of Vietnam (EVN) cooperated with most international organizations, institutions, and large international energy groups including the government, non-government, and energy corporations of the United State of America to meet the actual development requirements of Vietnam national power system. These substantive and practical relationships have contributed to the strong development of Vietnam's electricity industry in recent times.

The Electricity of Vietnam (EVN) has just informed that, in recent time, EVN signed the power purchase agreements (PPAs) with commercial operation date (COD) as October 31, 2021 for 144 wind power projects with a total capacity of 8,144.88 MW.

Information from the Electricity of Vietnam (EVN) said: On the morning of June 28, in Hanoi, under the witness of General Secretary Nguyen Phu Trong and General Secretary, Lao President Thongloun Sisoulith, EVN General Director Tran Dinh Nhan attended the ceremony to exchange power purchase agreement (PPA) between EVN and hydropower investors in Laos.

The Prime Minister (PM) has just approved the Development Strategy of Electricity of Vietnam (EVN) to 2030 with a vision up to 2045. According to this Development Strategy, EVN will become a strong economic group with sustainable, efficient business operated by the market mechanism, equally competed with the enterprises of other economic sectors in accordance with the legal regulations.