Petroietnam Power Corporation (PV Power) is cooperating with the Republic of Korea (RoK)’s EN Technologies Inc. to develop electronic vehicle (EV) charging stations to promote clean energy and reduce environmental pollution.
The PetroVietnam Power Corporation (PV Power) logged some 9,411.7 million kWh in total electricity output between January and July, with an estimated total revenue of more than 17.99 trillion VND (721.78 million USD).
The Petrovietnam Power Corporation (PV Power) has proposed the implementation of the Lam Son Clean Energy Production Complex project, with an investment of nearly 4 billion USD in Ninh Thuan province.
The development of thermal power, including natural gas and liquefied natural gas (LNG), requires specific policies and mechanisms to attract investment as this industry plays a crucial role in ensuring the supply of electricity for the economy and promoting the energy transition, according to insiders.
Petrovietnam Power Corporation (PV Power) said it has completed 69% of this year's profit before tax goal, with thermal power output expected to increase sharply in the coming months.
The PetroVietnam Power Corporation (PV Power) has set a target to generate nearly 7.84 billion kWh of electricity, earning a revenue of over 11.6 trillion VND (489.7 million USD) in the second half of 2023.
In face of a global economic downturn, especially adverse fluctuations of oil prices, subsidiaries of the Vietnam Oil and Gas Group (Petrovietnam) have flexibly taken measures to adapt to market volatility and boost production and business activities.
Fitch Ratings has affirmed PetroVietnam Power Corporation (PV Power)’s long-term foreign-currency issuer default rating (IDR) at “BB” with a positive outlook.
All the production plants in the Ca Mau Gas-Power-Fertiliser Complex, with investment from the PetroVietnam Camau Fertiliser Joint Stock Company (PVCFC), operated safely at full capacity over the first four months of 2023. The plant hit its targets on production, consumption and budget payment set by the PetroVietnam GAS Corporation JSC and the Petrovietnam Power Corporation (PV Power).
The PetroVietnam Power Corporation (PV Power) has announced that it will put shares of Dakdrinh Hydroelectricity on the Unlisted Public Company Market (UPCoM) this year.
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of 1.159 trillion VND (over 49.56 million USD) in the first six months of 2022, surpassing the target set for the entire year by 56%.
Credit ratings agency Fitch Ratings has assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook for the second consecutive year.
The PetroVietnam Power Corporation (PV Power) has signed a cooperation agreement with gas industry company Novatek of Russia, on the development of liquefied natural gas (LNG) and energy projects in Vietnam.
The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), set a goal of producing 1,707 million KWh of power and earning nearly 2.5 trillion VND (110.3 million USD) in November.
Credit ratings agency Fitch Ratings has for the first time assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook.
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of 720 billion VND (over 31.2 million USD) the first quarter of 2021, surpassing the quarterly plan by 6 percent.
Three subsidiaries of the State-owned Vietnam Oil and Gas Group (PetroVietnam) signed a business cooperation contract (BCC) on August 3 to carry out a chain of gas, power, and service port projects.
PetroVietnam Power Corporation (PV Power) has supplied 200 billion kWh to the national grid since it started operations 13 years ago, confirming its position as the top power supplier in the country.
