EVNPECC4 is proposed for the Prime Minister's Emulation Flag and awarded Khanh Hoa Provincial People's Committee's Certificate of Merit
In 2023, the Power Engineering Consulting Joint Stock Company 4 (EVNPECC4) faced numerous difficulties and challenges due to objective causes. The National Power Development Plan 8 VIII’s approval was delayed compared to expectations, and there has not been an implementation plan for it. As a result, new investment in domestic energy projects was stagnating.
Additionally, the pricing policy for renewable energy remained unclear, causing hesitation from investors in deploying investment in power source projects. Consequently, the workload for the consultancy sector was narrowed, making it challenging to seek new projects.
However, thanks to the flexible solutions from the Executive Board and the outstanding efforts of all employees, in 2023, EVNPECC4 exceeded the targets set by the General Meeting of Shareholders (revenue increased by 13%, pre-tax profit increased by 6.8%).
With the achieved results, at the Vietnam Electricity’s Review Conference held on January 2nd 2024, EVNPECC4 was once again honored as one of the two entities under EVN being proposed to receive the Prime Minister's Emulation Flag for outstanding performance in 2023. Moreover, locally, on March 12th 2024, EVNPECC4 was awarded a Certificate of Merit by the Khanh Hoa Provincial People's Committee for its achievement in the emulation activities among enterprises (Group 3).
Mr. Tran Cao Hy - Deputy Secretary of the Party Committee, General Director of EVNPECC4 (far right) received the Certificate of Merit from the Khanh Hoa Provincial People's Committee for the company's achievement in the emulation activities among enterprises (Group 3).