EVN maintains monopoly on power distribution and retail tradeThe Electricity of Vietnam (EVN) will continue to hold a monopoly on power distribution and retail sale through the management and control of power distribution and retail trade companies in the form of one-member limited liability companies. After the equitisation, power generation companies will take charge in carrying out projects investing in new power sources as approved by the Government. The National Load Dispatch Centre under the EVN will be considered to shift to a one-member limited liability company in the future. In the 2019-2020 period, the State capital will be divested from power generation companies and these companies will be separated from EVN, PVN and Vinacomin. The project on power sector restructuring was issued in a bid to improve the business efficiency of the power sector associated with the transfer of its operations towards market mechanisms and boosting the transparency and healthy competition of the power sector in the future.

Source: VietNamNet News February 09, 2017 05:48 UTC