EVN

Update news EVN

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.