PV Power targets 1,707 million KWh of electricity in November

Nov 17th at 08:01
17-11-2021 08:01:47+07:00

PV Power targets 1,707 million KWh of electricity in November

The PetroVietnam Power Corporation (PV Power), a subsidiary of the Viet Nam 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.

 

To accomplish this goal, PV Power continues to strengthen measures to prevent the COVID-19 pandemic and ensure safe, stable and efficient operation of its power plants.

According to PV Power, its power plants’ electricity output in October reached 598.7 million kWh and its revenue last month was estimated at over VND1 trillion, raising the 10-month respective figures to 12,797 million kWh and VND21.7 trillion.

Apart from producing power, PV Power has also actively implemented investment projects.

On October 24, the Quang Ninh liquefied natural gas (LNG) power project, jointly implemented by a joint venture of four investors: PV Power, Colavi, Tokyo Gas and Marubeni, officially kicked off. This is the first power plant project using imported LNG in the northern region with an expected capacity of 1,500 MW. 

bizhub



NEWS SAME CATEGORY

Major garment producer says did not lose Nike orders due to Covid restrictions

Viettien Garment Corporation has not lost any of its Nike orders to other countries since the American company could not find suitable alternatives, its chairman...

Southern region’s manufacturers in need of support to restore operations

Authorities in southern provinces have been supporting local businesses to resume their production in compliance with preventive measures.

SLP announces second logistics development in Vietnam

SLP Park Long Hau on November 15 held the ground-breaking ceremony in Long An province, officially marking its second logistics development and reinforcing its...

Retail revenue likely up 3-4% by year-end, compared to 2020

Thanks to an expected upturn in retail demand between now and the end of the year, the total revenue for 2021 is expected to have grown by three to four per cent...

Vietnamese expect global travel to restart in next 6 months: Agoda

Many Vietnamese expect global travel to resume in the next six months though with some restrictions, a study by Agoda has found.

Investing in agriculture - a link to promote economic recovery

 Agriculture is emerging as a vital platform to help the economy cope with the effects of the COVID-19 pandemic. Investing in agriculture with preferential credit...

Vibev makes official debut in Vietnam's beverage market

Vibev, the joint venture between Kido and Vinamilk, has just rolled out Oh Fresh fresh corn and green bean milk products, making its first foray into Vietnam's...

Most businesses not using 4.0 technology

The Covid-19 pandemic has compelled us all to accelerate the use of technology application in our workplace.

Khanh Hoa allows bars, dance clubs to reopen

Bars, dance clubs, karaoke and massage parlors in the central Khanh Hoa Province are allowed to resume operations from Tuesday after more than six months of closure.

City ensures goods supply, runs promotions for Tet holiday

HCM City authorities have urged businesses to ensure supply of essential goods and necessities and offer promotion programmes for the Tet (Lunar New Year) holiday...


MOST READ


Back To Top