Tag: PV Power
PV GAS to provide clean energy for key power plants for 25 years
The PetroVietnam Gas Joint Stock Corporation (PV GAS) has become the first long-term supplier of liquefied natural gas (LNG) power in Vietnam, and currently the only one.
Local car market sees a significant growth of electric and hybrid vehicles
The electric and hybrid vehicle market in Vietnam is projected to experience significant growth, with forecasts indicating an increase of 25-30% in 2025, according to industry experts.
First LNG-fuelled power plant connected to national grid
The Nhon Trach 3 power plant, Vietnam’s first LNG-fuelled power plant, was connected to the national grid on February 5, generating 50 MW of electricity.
PV Power partners with RoK to develop EV charging stations in Vietnam
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.
PV Power aims to produce nearly 7.84 billion kWh in H2
The PetroVietnam Power Corporation (PV Power) has set a target to generate nearly 7.84 billion kWh of electricity, earning a revenue of over VND11.6 trillion (US$489.7 million) in the second half of 2023.
PV Power’s first-half post-tax profit nears VND1.16 trillion
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND1.159 trillion (over US$49.56 million) in the first six months of 2022, surpassing the target set for the entire year by 56%.
Fitch Ratings maintains standalone credit profile of PV Power at BB+
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.
PV Power, Samsung, LILAMA sign EPC Contract for Nhon Trach project
VOV.VN- PetroVietnam Power Corporation (PV Power) and the consortium of Samsung C&T Corporation, LILAMA Corporation have signed an Engineering - Procurement – Construction (EPC) Contract for Nhon Trach 3 and Nhon Trach 4 Power Plant Project (Nhon Trach 3&4 Project), and other relevant agreements.
Credit contract sealed for restructuring of Dak Drinh hydro power plant
A credit contract to provide US$95 million for the restructuring of Dak Drinh hydro power plant was signed in Hanoi on December 14.
PV Power targets 1,707 million KWh of electricity in November
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 VND2.5 trillion (US$110.3 million) in November.
