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20th Anniversary of Khanh Hoa Electricity Joint Stock Company

On June 29, Khanh Hoa Power Joint Stock Company (PC Khanh Hoa) celebrated the 20th anniversary of the company's establishment under the equitization model (July 1, 2005 - July 1, 2025). Attending the event were: Nguyen Tan Tuan - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, Secretary of the Provincial Party Committee; Le Huu Hoang - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee, Permanent Deputy Secretary of the Provincial Party Committee; Dinh Van Thieu - Vice Chairman of the Provincial People's Committee; leaders of Vietnam Electricity Group and Central Power Corporation.

Báo Khánh HòaBáo Khánh Hòa29/06/2025

Chairman of the Provincial People's Committee Nguyen Tan Tuan awarded certificates of merit to collectives of Khanh Hoa Electricity Joint Stock Company with outstanding achievements.
Vietnam Electricity Group rewards individuals who have made many contributions to the company in recent times.

In 20 years of operating under the joint stock company model, the company has achieved outstanding and comprehensive achievements in many fields. The unit ensures safe electricity supply for Khanh Hoa province and the South Central region when expanding and modernizing the power grid system with a total length of nearly 6,500km of lines. Through investing more than 3,600 billion VND in construction investment projects, PC Khanh Hoa has synchronously modernized and applied advanced grid automation technologies, helping to minimize power outage time, limit incidents and ensure continuous and stable power supply for the entire Khanh Hoa province.

Vietnam Electricity Group Trade Union presented the emulation flag to Khanh Hoa Electricity Joint Stock Company Trade Union.

Over the past 20 years, the company has maintained impressive growth momentum with commercial electricity output increasing nearly 4.3 times, from 703 million kWh (2005) to more than 3,000 million kWh (2024). Revenue has grown accordingly from VND 308 billion (2005) to VND 7,165 billion (2024), reflecting the company's effective management and operation capacity in the context of increasingly fierce competition.

On the stock market, Khanh Hoa PC is the first electricity company to be listed and has undergone 6 rounds of charter capital increase, nearly 4 times higher than the initial level. This not only improves financial capacity but also affirms transparency, attractiveness to investors and strengthens the company's position on the stock market. At the same time, customer service is improved by reaching 100% online electricity service provision, electronic contracts, cashless electricity bill collection and achieving a customer satisfaction rate of over 94%.

Company leaders received the emulation flag of the Central Power Corporation.

Speaking at the ceremony, Chairman of the Provincial People's Committee Nguyen Tan Tuan praised and acknowledged the efforts of the leaders and employees of Khanh Hoa PC over the years, contributing greatly to the overall development of Khanh Hoa province, especially in bringing electricity to rural, remote, isolated and island areas. Thereby contributing to the province in improving the lives of local people.

In the coming time, when Khanh Hoa and Ninh Thuan merge into the new Khanh Hoa province, it will create a more open but also challenging development environment. Therefore, Chairman of the Provincial People's Committee Nguyen Tan Tuan suggested that the company continue to unite and ensure energy for Khanh Hoa to develop more and more, towards 2030, Khanh Hoa becomes a centrally-run city. At the same time, the company's leadership, officers, employees and workers continue to build and develop the enterprise in a sustainable and effective direction; actively coordinate with local authorities to ensure that the power planning is consistent with the socio -economic development planning; deploy underground power lines in urban areas; coordinate with related units to have synchronous undergrounding plans; actively mobilize officers and workers to be creative, apply science and technology to production, business, and operation of the power system...

On this occasion, the Chairman of the Provincial People's Committee awarded certificates of merit to 3 groups and 8 individuals with outstanding achievements in the process of building and developing Khanh Hoa PC. Many groups and individuals with outstanding achievements and contributions to the Electricity industry were commended and rewarded by Vietnam Electricity Group, Central Power Corporation and Khanh Hoa PC.

DINH LAM

Source: https://baokhanhhoa.vn/kinh-te/202506/ky-niem-20-nam-thanh-lap-cong-ty-co-phan-dien-luc-khanh-hoa-3ba3555/


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