Power Engineering Consulting Joint Stock Company 4 awarded the Excellent Emulation flag by the State Capital Management Committee in 2020

In 2020, Power Engineering Consulting Joint Stock Company 4 (EVNPECC4) organized and implemented a large volume of Power Source and Power Grid projects in various stages, including some vital and urgent projects, contributing to improving investment efficiency in construction projects of Vietnam Electricity.

The highlight of the company's business and production activities in 2020 was that in addition to traditional projects (Power Source and Power Grid) of EVN, the company successfully implemented many renewable energy projects from investors outside of EVN, including wind and solar power projects. Some wind power projects were under foreign EPC contractors (Hanbaram). During the year, EVNPECC4 has worked for the Van Phong Gas Power Plant project, which opened up prospects for the company in Gas Thermal Power (LNG) consulting.

In 2020, the company faced numerous difficulties due to the impact of the COVID-19 pandemic and social distancing measures to combat the outbreak, significantly affecting its business and production activities. However, with the tremendous efforts and outstanding performance of the leadership and all employees, EVNPECC4 exceeded its business and production targets in 2020, with all indicators increasing compared to 2019 (revenue increased by 25.8%, pre-tax profit increased by 54.28%, dividends: expected maximum dividend payment of 12% for shareholders, a 20% increase compared to 2019).

With the achieved results, at Vietnam Electricity's annual summary ceremony in 2020, EVNPECC4 was one of the 9 units under EVN that received the Excellent Emulation Flag from the State Capital Management Committee. In addition, the company was also awarded the Excellent Emulation Flag by the Khanh Hoa Provincial People's Committee for its activities in the Enterprise Emulation Bloc 4 in 2020.