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PV Power aims to produce over 21 billion kWh

VNA Print

PV Power aims to produce over 21 billion kWh (Source: PV Power)

Hanoi (VNA) – The PetroVietnam Power Corporation (PV Power) aims to produce over 21 billion kWh and earn 29.45 trillion VND (1.31 billion USD) in 2016.

General Director of PetroVietnam Nguyen Quoc Khanh urged the Corporation to accelerate its restructuring and divestment from low efficient businesses.

According to PV Power General Director Nguyen Xuan Hoa, it reached the yearly target of 19.3 billion kWh set for 2015 in late November, 33 days ahead, which marked the sixth consecutive year it overperformed its assigned tasks.

As of the end of 2015, the Corporation’s output reached 21.1 billion kWh, exceeding the target by 6 percent, up 32 percent from 2014.

In the past year, it earned 25.3 trillion VND (1.13 billion USD) and contributed more than 1.8 trillion VND (81 million USD) to the state budget.

The company’s plants have continuously ensured security and safety in their operation, while meeting the requirements on environmental protection.-VNA
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