Vietnam Electricity

Mitsubishi Corporation Signs Loan Agreement for Monsoon Cross-border Wind Project in Laos

Retrieved on: 
Monday, April 10, 2023
Diamond, Asian Development Bank, ASEAN, Japan International Cooperation Agency, MC, Electricity, Carbon, Government, Wind, Mitsubishi Corporation, Economic development, Korea International Cooperation Agency, Sumitomo Mitsui Banking Corporation, Vietnam Electricity, Renewable energy, Monsoon

Once the wind farm has been constructed, it will sell electricity to Vietnam's state-owned electric power company (Vietnam Electricity) under a 25-year power purchase agreement.

Key Points: 
  • Once the wind farm has been constructed, it will sell electricity to Vietnam's state-owned electric power company (Vietnam Electricity) under a 25-year power purchase agreement.
  • The Monsoon Wind Power Project is situated in southern Laos, and when completed will boast the largest installed capacity of any wind farm in Southeast Asia.
  • Furthermore, in strengthening cross-border power-transmission infrastructure, the Monsoon project should help to raise the average standard of living in Laos.
  • By participating in this project, MC is demonstrating a commitment to climate action, energy stability in Vietnam, and economic development in Laos.

DGAP-News: EVN AG: Business development in the first half of 2020/21

Retrieved on: 
Thursday, May 27, 2021
EVN Group, EVN, Earnings before interest, taxes, depreciation and amortization, Vietnam Electricity, Economy

Delays on construction projects and investments in the Networks Segment were recovered in part during the first half of 2020/21.

Key Points: 
  • Delays on construction projects and investments in the Networks Segment were recovered in part during the first half of 2020/21.
  • However, the international project business has been complicated by national lockdowns, travel restrictions and interruptions in international supply chains.
  • Revenue recorded by the EVN Group rose by 7.6% to EUR 1,284.8m in the first half of 2020/21.
  • EBITDA recorded by the EVN Group rose by 37.8% year-on-year to EUR 535.8m in the first half of 2020/21.

DGAP-News: EVN AG: Business development in the first three quarters of 2019/20

Retrieved on: 
Thursday, August 27, 2020
EVN Group, Vietnam Electricity, EVN, Earnings before interest, taxes, depreciation and amortization, Economy

Revenue recorded by the EVN Group declined by 6.8% year-on-year to EUR 1,596.9m in the first three quarters of 2019/20.

Key Points: 
  • Revenue recorded by the EVN Group declined by 6.8% year-on-year to EUR 1,596.9m in the first three quarters of 2019/20.
  • This development resulted, above all, from a lower volume of thermal generation and a reduction in the Networks Segment.
  • EBITDA recorded by the EVN Group rose by 17.9% to EUR 513.6m in the first three quarters of 2019/20.
  • EVN recorded an increase of 20.3% in EBIT to EUR 284.5m in the first three quarters of 2019/20.

DGAP-News: EVN AG: Business development in the first half of 2019/20

Retrieved on: 
Thursday, May 28, 2020
EVN Group, Vietnam Electricity, EVN

Revenue recorded by the EVN Group declined by 4.2% year-on-year to EUR 1,194.4m in the first half of 2019/20.

Key Points: 
  • Revenue recorded by the EVN Group declined by 4.2% year-on-year to EUR 1,194.4m in the first half of 2019/20.
  • This development resulted, above all, from a lower volume of thermal generation and a reduction in the Networks Segment.
  • The cost of materials and services rose by 8.4% to EUR 132.7m, in line with developments in the international project business.
  • EBITDA recorded by the EVN Group rose by 17.7% to EUR 388.8m in the first half of 2019/20.