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Retail Asia22/08/2023

National utility Electricity of Vietnam (EVN) has agreed with a proposal of the Ministry of Industry and Trade to review retail electricity prices every three months to decide whether to make any adjustments. If production costs increase by 3-5%, EVN is allowed to raise retail prices accordingly, but it needs to wait at least three […]

Retail Asia25/09/2020

Vietnam Electricity (EVN) will face increasing financial difficulties in the coming years as its payment obligations to independent power projects keep rising. National utility EVN’s gross margin fell from 15.1 percent in 2015 to 12.9 percent last year due to rising costs of payment to new coal-fired independent power projects (IPPs), a recent report by […]

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Tag: evn

EVN to review electricity prices every three months

National power utility faces financial crunch