Power Companies to Be Equitized

Five power stations of the Vietnam Electricity Corporation (EVN) including those at Ba Ria, Thac Mo, Ninh Binh, Uong Bi and Da Nhim-Ham Thuan-Da Mi will be equitized within the year. 

EVN employees work to provide electricity to the Central Highlands city of Buon Ma Thuot

EVN will also merge 15 member-companies to produce 13 new joint-stock companies and convert EVN Telecom Co. into a general company operating as a one-member, limited liability company.
At some point in the future EVN also plans to equitize power companies No. 1, 2, and 3, power engineering and consulting companies No. 1, 2, 3 and 4, the Power Engineering and Consulting Center under Ho Chi Minh City Power Co., and the Thu Duc Electro-Mechanic Co.

By C.A. – Translated by Yen Chuong

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