EVNGENCO 2 to sell over 581 million shares through IPO Business

EVNGENCO 2 to sell over 581 million shares through IPO

The Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of the Vietnam Electricity Group, plans to sell over 580.12 million shares, or 48.8875 percent of its charter capital, to investors and over 1.33 million shares, or 0.1125 percent, to employees.
Electricity sector urged to reduce power loss Business

Electricity sector urged to reduce power loss

The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural and remote areas.