Hanoi (VNA) –The Electricity of Vietnam (EVN) has said that the group iscompleting procedures to withdraw its capital from five joint stock companies.
Thecompanies are the EVNFinance JSC, the Power Engineering Consulting Joint StockCompanies 3 and 4, the Thuan Binh Wind Power JSC, and the Power EngineeringJSC.
Thismonth, the EVN will step up capital divestment and complete procedures inpreparation for the first congress of shareholders and the equitisation of thePower Generation Corporation 3 (EVNGENCO 3), while continuing with the equitisationof the EVNGENCO1 and 2, the group said on August 3.
Atthe same time, it will work to put some projects into operation, including the QuangNgai-Quy Nhon 220kV transmission lines (second phase), and Long Phu-Soc Trangline.
InJuly, the EVN ensured electricity supply for socio-economic development anddaily activities of residents, especially during the long and severe heatwave inthe northern and central regions.
Thegroup produced and imported 19.57 billion kWh last month, raising the totalelectricity output in the first seven months of this year to 125.5 billion kWh,up 11.7 percent against the same period last year.
Itscommercial electricity output in the month was estimated at 17.15 billion kWh,a year-on-year rise of 13.37 percent. The amount recorded during theJanuary-July period was around 108.92 billion kWh, up 11.02 percent over thecorresponding time last year.
Thegroup and relevant units launched five projects and put into operation 15projects of 110-500kV in July. In the first seven months, it began constructionof 62 projects and put into service 96 others.
TheEVN is now ready for the trial run of turbines of the expanded Vinh Tan 4thermal power plant.-VNA
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Illustrative image (Source: VNA) 
