Conference on reviewing corporate performance in 2020 and preparing for new tasks in 2021 of EVNPECC1, on 29 January 2021. Photo source: ĐVCC
In 2020, the revenue gained from investigation, design and construction activities of the company reached 95.2% of the plan, of which the parent company achieved nearly 100% of the plan, some subsidiaries accomplished and exceeded their plans. The total revenue from selling electricity generated by Song Bung 5 Hydropower Plant reached 173% of the plan, which contributed to bringing an increase of 9.1% in the total net revenue of the company against the targeted plan.
Besides, a lot of resources have been focused by the company on some key consulting projects such as: Hoa Binh Hydropower Plant Extension, Ialy Hydropower Plant Extension; 500 kV circuit 3 transmission lines, and many other 500/220 kV transmission lines and substations. In addition, the company has also performed consulting services for large renewable energy projects, such as Thai Nguyen industrial solid waste treatment project, BIM wind power (EPC), Hoa Thang 1.2 wind power, Phu My solar power, Dam Tra O floating solar power projects and a number of other renewable energy projects, etc.
In market expansion, the company has proactively and aggressively collected information about projects being prepared for implementation, capturing customer needs to expand the market to the fields of project management consulting, supervision consulting for renewable energy projects and power grid projects. As a result, in 2020, the company has signed many new contracts with a total value of about VND397 billion.
In 2021, EVNPECC1 will keep on considering to expand the market in the fields of consulting, design, repair-maintenance and preparing specialized reporting for hydropower and thermal power plants in operation; and maintaining its design consulting activities for gas fired thermal power, biomass power projects and projects in Laos.