A corner of Vinh Tan Thermal Power Center - EVNGENCO3. (Photo: taken by Kim Thanh)
So far, the Ministry of Industry and Trade has proposed the Prime Minister to be allowed to start the equitization of EVNGENCO1 and EVNGENCO2 on 01/01/2019
In September, 2018, the preparation steps for the equitization of EVNGENCO1 and EVNGENCO2 shall be continued. In addition, EVN shall complete procedures to withdraw its capital from some joint stock companies including: Dong Anh Electrical Equipment JSC, EVN Finance, Power Engineering Consulting JSC No. 3 and 4, and Thuan Binh Wind Power JSC.
Regarding the equitization of power generation corporations, on 09/02/2018, EVNGENCO3 has first offered its shares to the public on Ho Chi Minh City Stock Exchange. At the same time, EVN shall continue to carry out the plan of equitization of EVNGENCO1 and EVNGENCO2.
However, based on the EVNGENCO3's shares offering result, it is believed that besides the factors of regulations and institutions, electricity price is a major cause that attracts investors to invest in EVNGENCOs.
According to Vietnam Enterprise.