The Prime Minister has approved a plan to raise Electricity of Vietnam's (EVN's) charter capital to 160 trillion VND (7.62 billion USD) by the end of 2015.
The company had more than 143.4 trillion VND (6.83 billion USD) in equity at the end of 2012.
The supplemented capital will come from various sources, including development funds, construction project balances and State finances.
The PM assigned the Ministry of Industry and Trade and the Ministry of Finance to provide specific guidelines for the implementation of the plan.
The State-run EVN specialises in producing, transmitting and trading electricity. It also manages the national grid, power import and export, and electric work operations.-VNA
The company had more than 143.4 trillion VND (6.83 billion USD) in equity at the end of 2012.
The supplemented capital will come from various sources, including development funds, construction project balances and State finances.
The PM assigned the Ministry of Industry and Trade and the Ministry of Finance to provide specific guidelines for the implementation of the plan.
The State-run EVN specialises in producing, transmitting and trading electricity. It also manages the national grid, power import and export, and electric work operations.-VNA
