During the past years, Khanh Hoa Power Joint Stock Company incessantly grows and develops stably. The company always strives to improve electricity sources and grids and telecommunications infrastructures in order to ensure power supply for the province...
Khanh Hoa Power Joint Stock Company now has a charter capital of VND415.5 billion. In 2010, the company remained its growth rate and exceeded targets. It was the first year electricity production of the company exceeded one billion kWh; power loss decreased by 0.15% to 6.75% ; earning before tax was VND106 billion; profit before tax reached VND77.4 billion and dividend rate was 12%.
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| 110kV transformer station in Southern Cam Ranh has been put in operation. |
In 2011, the company has set the following targets: increase in charter capital, 1.12 billion kWh in production, 6.6% in power loss rate, VND33.2 billion in profit from electricity production, VND65.2 billion in earning before tax and 10% in dividend rate.
Beside this, the company plans to invest about VND138 billion to build electricity sources as well as grids and telecommunications infrastructures. Specifically, the company will continue building a 110kV transformer station in Ninh Thuy, improving grids in rural, mountainous and islands areas, preventing overload in mid and low tension grids and building a transformer station to receive electricity from Ninh Hoa Sugar Company.
Khanh Hoa Power Joint Stock Company also has made financial contributions to some companies, including Song Cho Hydroelectricity Plant, Power Company 3, Vinasino Electric Equipment Joint Stock Company and EVNLand Nha Trang.
According to Director Nguyen Thanh Lam, to raise production capacity in 2011, the company also will carry out power supply projects, intensify power save, save expenses, raise effects of construction projects and reduce power loss. The development of the company plays an important role in supply power for the province.
T.T
