Attending the ceremony, there are representatives of the Boards of Vietnam Electricity (EVN) in associations with members of the Management Board, the Board of Directors, the Party Executive Committee, representatives of the Trade Union and all leadership of units and departments under PECC1.
In the last year, with the close direction of EVN leaders, the Boards in the EVN, as well as the Company's Board of Directors and the solidarity and determination of all employees, the Company has gradually overcome difficulties and well completed the assigned tasks in the year 2024.
Mr. Nguyen Tai Anh – Vice President of EVN - Chairman of PECC1 Management Board and Mr. Nguyen Huu Chinh - General Director of PECC1 chaired the Conference
Outstanding achievements in 2024
At the conference, Mr. Nguyen Huu Chinh, General Director of EVNPECC1, presented the 2024 summary report, emphasizing the outstanding successes despite facing with many challenges. The Company's revenue has exceeded the plan by 5%. Factors contributing to this impressive result include effective operation of the Song Bung 5 Hydropower Plant, recovery of bad debts and synchronous implementation of major projects such as:
- Hoa Binh Expansion Hydropower Plant, Ialy Expansion Hydropower Plant, Tanahu Hydropower Plant in Nepal...
- 500kV Circuit 3 of Quang Trach - Pho Noi transmission line, 500kV Lao Cai - Vinh Yen transmission line, expansion of the 500kV Thanh My substation...
- Consulting to support the Investor in the management of Quang Trach I Thermal Power Plant; Center for Nuclear Science and Technology (CNST); Tuyen Quang and Yen Bai Biomass Power Plants…
- Pilot implementation of EPC projects which PECC1 is the General Contractor: Survey, design the construction drawings, supply materials and construction for support treatment of the box canal section of A Lin B1 hydropower project, and many other projects etc.
In addition, the Company has focused on improving the internal management system, flexibly adopting financial solutions, and simultaneously improving competence and average income for employees. This is an important driving force to promote consensus and cohesion throughout the Company.
Mr. Nguyen Huu Chinh - General Director of PECC1 reported results of the Company's production and business in 2024 and its Plan for the year 2025
Development orientation in 2025
In 2025, EVNPECC1 will continue to maintain operational efficiency of Song Bung 5 Hydropower Plant and expand fields such as offshore wind power, power transmission grid consulting, development of hydropower EPC, consultancy and supervision for power grid projects; Mechanical design and manufacturing for hydropower and thermal power; Design consultancy for fuel transition of coal-fired thermal power projects, etc. However, the Company also identifies major challenges such as fierce competition in bidding prices, difficulties in debt management and lack of synchronization in renewable energy policies.
To achieve the goals, EVNPECC1 will focus on solutions such as promoting application of BIM technology in management, seeking for new markets, restructuring the organization and improving professional capacity of the staff. Speaking at the conference, Mr. Nguyen Huu Chinh affirmed: “The spirit of solidarity, creativity and effective management will be an important foundation for EVNPECC1 to achieve bigger achievements in 2025.”
Speeches and direction from EVN representatives
Speaking at the conference, Mr. Nguyen Trung Khang, Deputy Head of the EVN's Capital Management Board, expressed his impression of positive changes in PECC1's financial situation. Although the EVN's Consulting units have to face with many difficulties in recent years, PECC1 has affirmed its outstanding competence by continuously leading in design, investigation revenue, maintaining core values and prestige in the market. He also highly appreciated efforts in attracting and retaining personnel in a challenging context, and congratulated the achievements of the Board of Directors and all employees of the Company, with valuable support from the various departments of the EVN.
Mr. Nguyen Trung Khang - Deputy Head of the EVN's Capital Management Department speeches at the Conference
Also at the Conference, Mr. Nguyen Tai Anh - Vice President of EVN, Chairman of the Board of Directors of PECC1, spoke and highly appreciated positive achievements that the Company has achieved in 2024, thereby affirming reputation of PECC1 in the market. He emphasized orientations for 2025, including:
- Continue to build and update regulations and procedures in administration and production.
- Promote digital transformation, apply IT technology to improve management efficiency.
- Streamline the apparatus of human resources, focus on core value which is investigation consulting.
- Expand the market, especially in the fields of offshore wind power and HVDC power.
- Build a strong corporate culture, as a foundation for sustainable development.
Mr. Nguyen Tai Anh expressed his belief that with determination, consensus in association with inherent capacity and experience, PECC1 will continue to achieve great achievements, excellently completing tasks assigned by EVN.
Mr. Nguyen Tai Anh – Vice President of EVN, Chairman of PECC1 Management Board spoke at the Conference
Reward and recognition activities
Thanks to effective promotion of professional cultural values, PECC1's position and reputation in the electricity industry have been continuously enhanced. In the last year, the Company was honored to receive the EVN's emulation flag for its excellent performance in 2024. On this occasion, the Company also awarded certificates of merit to collectives and individuals to recognize their efforts, diligence, and efforts regardless of time to excellently complete assigned tasks in 2024.
At the end of the conference, Mr. Nguyen Huu Chinh expressed his sincere thanks to the leaders of EVN, the Board of Directors, and all the officers and employees of the Company: “The close directions from the leaders of the EVN, the consensus of the Board of Directors and the continuous efforts of all officers and employees are key factors helping EVNPECC1 achieving success in the past year. I believe that with that spirit, we will continue to go further in the future.”
In the context of Vietnam's economy being on the path of strong development and ready to accelerate according to the Government's orientation, along with the drastic implementation of the Power Development Plan VIII, with the spirit of solidarity, creativity and unceasing determination, the collective of officers and employees of PECC1 will always strive to excellently complete all set goals. PECC1 commits to continuing to maintain and promote its pioneering strengths, improve work efficiency, contribute to the strong and sustainable development of the country, and affirm its key role in the Vietnamese energy industry.
Some other Photos at the Conference:
Mr. Nguyen Van Luu - Chief of Office of the Company delivered the opening speech at the Conference
Mr. Nguyen Van Chung - Director of Song Bung 5 HPP presented a speech at the Conference
Mr. Phung The Anh - Director of Power Grid Engineering Center presented a speech
Mr. Tran Dang Khoa - Deputy Director of Investigation & Laboratory Testing Center presented at the Conference
Panorama of the Conference
Mr. Nguyen Tai Anh, representing EVN awarded the emulation flag to PECC1 - the Unit that excellently completed its tasks in 2024
Mr. Nguyen Tai Anh, representing the Company's Management Board, awarded Certificates of Merit to units with outstanding achievements in 2024
Mr. Nguyen Huu Chinh - General Director of PECC1 awarded certificates of merit to individuals with outstanding achievements in 2024
Mr. Nguyen Kim Cuong - Deputy General Director of PECC1 - Chairman of the Trade Union awarded Certificates of Merit to units with outstanding achievements in 2024