EVN Group
EVN Group, officially known as Vietnam Electricity (EVN), is a state-owned electric utility company in Vietnam. It is the largest electricity producer and distributor in the country, holding a near-monopoly on electricity supply.
EVN is responsible for the generation, transmission, and distribution of electricity across Vietnam. The company operates a diverse portfolio of power plants, including hydroelectric, thermal (coal and gas), and renewable energy sources such as solar and wind. They are heavily invested in expanding the nation's electricity grid to meet the growing demand from industrial, commercial, and residential consumers.
EVN plays a crucial role in Vietnam's economic development, ensuring a stable and reliable electricity supply for its population and industries. The company faces challenges related to aging infrastructure, rising electricity demand, and the need to transition to cleaner energy sources. To address these challenges, EVN is investing in upgrading its infrastructure, developing renewable energy projects, and improving energy efficiency. The company's activities are overseen by the Ministry of Industry and Trade of Vietnam.