EVN sells over 58 billion kWh of electricity in Jan-Apr

10:48 | 31/05/2018 Energy

The Electricity of Vietnam (EVN) sold over 58 billion kWh of electricity in the first four months of 2018, representing a year-on-year rise of 10.59 percent.

Electricity workers inspect a transformer station - Photo: VNA

Domestic commercial power output rose by 10.51 percent in the four-month period, according to EVN.

In April alone, the corporation sold over 16 billion kWh of electricity, up 10.34 percent against the same month last year.

Electricity losses in January-April were estimated at 6.81 percent, 0.39 percentage points lower than the set target of 7.2 percent.

In April 2018, the company ensured stable and safe supply of electricity for the whole country, especially on the occasion of the four-day holiday on the occasion of April 30 (the Southern Liberation and National Reunification day) and May 1 (the International Labor Day).

EVN produced and bought 67 billion kWh of power in four months, a year-on-year rise of 11.08 percent, including 18.03 billion kWh in April.

Power transmission in April was estimated at 15.3 billion kWh, and the figure for the four months was 56.4 billion kWh, up 10.8 percent over the same period last year.

In April 2018, EVN completed the divestment at Thu Duc Electro Mechanical Joint Stock Company (EMC), collecting 77.51 billion VND (US$3.4 million).

The corporation said it will work out measures to ensure meeting electricity demand across the country, especially in the second quarter of 2018 – the peak of the dry season. It expects a growth of about 12.5 percent in demand this year.

EVN will push forward with the equitisation of the EVN Power Generation Corporation 1 and 2 in addition to deploying measures to start one-stop-shop services in southern Ho Chi Minh City and northern Bac Ninh province.

It plans to hold the first meeting of shareholders at the EVN Power Generation Corporation 3 after the Prime Minister approves the adjustment of the corporation’s equitisation plan.

Theo VNA