Petrovietnam Power Services JSC

Petrovietnam Power Services JSC

HHNX:PPS
9,600.00
VND
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Tuan Anh Vu
Full Time Employees
441
Sector
Industrial services
Industry
Engineering & construction
Address
Ha Noi Vietnam
IPO Date
Jan 7, 2011
Website
pvps.vn
Business
Petrovietnam Power Services Joint Stock Company (HNX: PPS) is a Vietnam-based provider of specialized technical, engineering, and maintenance services for the power generation and industrial energy sectors. Founded in 2007 and headquartered in Hanoi, Vietnam, the company operates as a specialized technical services subsidiary of PetroVietnam Power Corporation (PV Power) under the Vietnam Oil and Gas Group (PetroVietnam). The company delivers full-lifecycle asset support for energy infrastructure throughout Vietnam, covering gas-fired combined cycle power plants, coal-fired thermal facilities, hydropower stations, and renewable energy assets. Its core products and services comprise: scheduled maintenance, major overhaul, and turnkey repair services for heavy-duty gas turbines, steam turbines, generators, and heat recovery steam generators (HRSG); maintenance, calibration, diagnostics, and testing of electrical switchgear, transformers, substations, and distributed control and instrumentation (C&I) systems; operational management, technical inspection, pre-commissioning, and plant startup services; supply, procurement, and logistics of certified original equipment manufacturer (OEM) spare parts, mechanical equipment, and replacement materials; engineering modification, plant rehabilitation, and thermal efficiency optimization services; and specialized technical training and workforce certification in power plant operations. The company delivers its technical services across major energy hubs in northern, central, and southern Vietnam, maintaining key operational bases that support major utility assets including the Ca Mau, Nhon Trach, Vung Ang 1, Song Hau 1, Hua Na, and Dakdrinh power complexes. In recent operational developments, Petrovietnam Power Services JSC has expanded its service capabilities into LNG-to-power infrastructure, undertaking pre-commissioning and long-term technical maintenance preparations for Vietnam's flagship Nhon Trach 3 and Nhon Trach 4 LNG-fired power plants. The company has also expanded its maintenance portfolio into renewable energy installations and heavy petrochemical infrastructure, including specialized support contracts for utility-scale solar and the Long Son Petrochemicals Complex. Furthermore, the company has reinforced strategic partnerships with global OEMs, including Siemens Energy, GE Vernova, and Mitsubishi Power, while integrating predictive digital maintenance and condition-monitoring technologies to improve plant reliability and service execution.