Power Engineering Consulting Joint Stock Company 1 (PECC1) is taken form and developed in an uninterrupted history of more than 50 years:
- General Designing Institute was established in 1960 and given a new name Power Planning and Designing Institute in 1967 and then Power Designing Institute in 1980.
- July 1st, 1982, the Power Investigation and Designing Company was established by joining three organizations: Power Designing Institute, Hydropower Research and Designing Center and Geolo - Hydropower Investigation Company, which was renamed Power Investigation and Design Company 1 in 1988 and then Power Engineering Consulting Company 1 in 1999.
- Since January 2nd, 2008, the Power Engineering Consulting Company 1 has been changed to Power Engineering Consulting Joint Stock Company 1.
Initial charter capital of the Company is 230 billions VND in which 54.34% is controlled by EVN and the rest of 45.66% is kept by other shareholders. Company Stock - Code TV1 is posted on Ho Chi Minh Stock Exchange from September 23rd, 2010.
PECC1, the leading power engineering consulting firm in Vietnam Power Sector, carries out so far whole consultancy work of design, investigation, testing… and is also a main consultant of many important, large scale and complicated projects in Viet Nam as well as PDR Laos and Cambodia Kingdom, typically are:
Hydropower projects:
Son La project, installed capacity 2400MW, the main dam of 138m high is constructed with Roller Compacted Concrete technology; Ban Ve project, installed capacity 320MW, the main dam of 137m high is constructed with Roller Compacted Concrete technology; Tuyen Quang project with installed capacity 342MW, the main dam of 92m is constructed with Concrete Faced Rockfill Dam technology; Lai Chau project, installed capacity 1200MW, RCC dam of 137m high; Luanprabang project on main Mekong (in Laos), installed capacity 1100MW, Lower Se San 2 (in Cambodia), installed capacity 400MW.
Coal thermal power plant:
Uong Bi expansion 1, 2 total installed capacity 600 MW; Quang Ninh 1, 2 total capacity 1200MW; Thai Binh 1 capacity 600MW, Thai Binh 2 total capacity 1200MW.
Transmission line project:
Transmission line and sub-station 500kV North to South lines 1 and 2 and many other 220kV, 110kV transmission line and sub-station projects.
To develop sustainable, the Company has invested in construction of Son Bung 5 hydropower project under BOT form. This project has installed capacity 57MW, mean annual energy 230.34 million kWh, total investment capital 1372 billion Vietnam Dong, commisioning unit 1 in July 2012, unit 2 in September 2012, the project is in full operation in quarter IV 2012.
Together with development of country, the Company has been exerting oneself to build a manpower of high quality, renovate technological equipment, improve capacity building to carry out renewable and nuclear power projects for purpose of supplying the best consultancy services to clients. In addition, investment to constructing Song Bung 5 Hydropower Project shall contribute to raise strong PECC1’s trade name, improve value and keep a sustainable development of the Company.