EVN

Update news EVN

Who will pay EVN’s $1.75 billion loss?

A proposal by Vietnam Electricity Group (EVN) to incorporate its nearly VND 45 trillion (approximately USD 1.75 billion) accumulated losses into the average retail electricity price has sparked significant public debate.

Experts question EVN's request to pass USD 1.76B loss into electricity prices

Analysts say EVN must clarify its loss structure before raising power prices for consumers.

EVN Finance CEO steps down following audit violations

Leadership shake-up follows penalties and violations revealed by the State Bank.

Hydropower outage delays threaten 500kV Lao Cai–Vinh Yen project

Prime Minister orders 500kV Lao Cai–Vinh Yen line completion by August 19 despite delays.

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

Vietnam Electricity (EVN) has signed a loan agreement worth 65 million EUR (75.5 million USD) with the German Reconstruction Bank (KfW) for the Tri An hydropower plant expansion project, the group has announced.

Wind and solar projects stall as EVN faces FIT pricing pressure

The Ministry of Industry and Trade has proposed that the Prime Minister direct Vietnam Electricity (EVN) to urgently resolve the obstacles and reach agreements with investors involved in wind and solar power projects.

Vietnam pushes major energy projects to meet 2030 power goals

Power Development Plan VIII prioritizes eight key projects to stabilize Vietnam’s energy future through 2030.

EVN’s temporary pricing plan sparks backlash from wind and solar investors

Over 100 renewable energy projects in Vietnam face financial risks as EVN enforces temporary pricing policies, prompting investor backlash and legal threats.

EVN projected to escape losses with $760mil. in annual profit under new policies

A draft decree from the Ministry of Industry and Trade proposes frequent electricity price adjustments and a higher return on equity for Electricity of Vietnam (EVN), setting the stage for a dramatic financial recovery.