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PV Power to sell shares in IPO

HÀ NỘI - The PetroVietnam Power Corporation (PV Power) will offer 20 per cent of its shares in an initial public offering (IPO) on January 31.

ANNOUNCEMENT OF INVITATION TO THE STRATEGIC INVESTOR SELECTION OF PETROVIETNAM POWER CORPORATION (PV POWER)

News and Events (17/01/2018)

Announcement of invitation to the strategic investor selection of Petrovietnam power corporation (PV Power)

Announcement on the organization of roadshow introducing the investment opportunity on PV Power

PV Power will organize the roadshow to introduce the investment opportunity in Hanoi and in Ho Chi Minh city on January 16th, 2018 and January 19th, 2018, respectively.

PV Power to launch IPO in January 2018.

HÀ NỘI — PetroVietnam Power Corporation (PV Power) will put more than 468.3 million shares of its charter capital for sale in its initial public offering (IPO) on January 31, 2018.

Equitization of PV Power

Deputy Prime Minister Vuong Dinh Hue has approved the equitization plan of the Parent Company - PetroVietnam Petroleum Power Corporation (PV Power) by the way to withdraw a part of state capital at the enterprise.

Prime Minister Nguyen Xuan Phuc: PETROVIETNAM TO STAND FIRM IN THE MIDST OF DIFFICULTIES

News and Events, PVN News (20/11/2017)

On 12 October 2017, at the Government’s headquarters, Prime Minister Nguyen Xuan Phuc worked with key leaders of the Vietnam Oil and Gas Group to evaluate the results of implementation of the production and business plan in 2017 and the deployment of key oil and gas projects.

VEB and IIB to finance Long Phu 1 power plant

News and Events, PVN News (12/09/2017)

Vnesheconombank, International Investment Bank, and PetroVietnam have entered into a tripartite memorandum determining the cooperation framework of financing the construction of Long Phu 1 power plant in Vietnam, according to International Investment Bank’s press release dated September 8.

Total electricity production of PV Power to increase by about 50 billion kWh per year

The establishment of PV Power marked the diversification of ownership of power supply sources for the country in the process of moving towards a transparent and competitive power market, at the same time turned power generation into one of the five main business sectors of PetroVietnam.