EVNGENCO1 has focused on equitization and divestment. The illustration image
According to EVNGENCO1 (under EVN), in August 2019, the corporation will promote the approval of the land use plan for equitization, divestments in joint stock companies to financialize and implement related works as prescribed.
The Corporation will work with the State Capital Management Committee at the enterprise on additional explanations to the Prime Minister regarding the adjustment of the time of enterprise valuation at 0:00 on 01/01/2020 and transfer of the Duyen Hai 3 Thermal Power Plant Extension Project from EVN to EVNGENCO1
Regarding construction investment, EVNGENCO1 shall carry out a strict control and inspection of construction quality according to current regulations in the current projects and require the contractors are to synchronize solutions for accelerating the progress so that the Duyen Hai 3 Thermal Power Plant Extension Project shall complete the commisioning and be put into commercial operation no later than November 30, 2019.
For the Da Nhim Hydropower Plant Extension project, the goal is to complete the inspection and assessment of the status of TBM tunnel excavator and deploy the tunnel again in October 2019. Other projects will also be focused on operating to ensure progress schedules.