Gia Lai Electricity JSC
HHOSE:GEG12,050.00
VND
-50.00
(-0.41%)
ISIN
VN000000GEG0
Return %
Stock
S&P 500
1Y
-15.08
14.20
3Y
-1.59
81.12
5Y
-28.75
68.34
Capital Structure
VND
•
in mil. unless spec.Working Capital
VND
•
in mil. unless spec.Growth Rates
VND
•
in mil. unless spec.Quarterly Revenue
VND
•
in mil. unless spec.Quarterly Earnings Per Share
VND
•
in mil. unless spec.Quarterly Dividends Per Share
VND
•
in mil. unless spec.Company Description
- CEO
- Ha Thai Nguyen
- Full Time Employees
- 509
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Pleiku Vietnam
- IPO Date
- Sep 19, 2019
- Website
- geccom.vn
- Similar Companies
- Business
- Gia Lai Electricity Joint Stock Company is a Vietnam-based clean energy developer, independent power producer, and utility services provider primarily engaged in the generation, transmission, and wholesale distribution of renewable electricity. The company develops, owns, and manages a diversified renewable power asset portfolio that includes small and medium-scale run-of-river hydroelectric power plants located across the Central Highlands and Central Vietnam; utility-scale grid-connected solar photovoltaic farms, including the Phong Dien, Krong Pa, Truc Son, Duc Hue 1, and Ham Phu 2 facilities; commercial and industrial rooftop solar power systems; and onshore as well as nearshore wind power farms, including the Tan Phu Dong 1, Tan Phu Dong 2, and Ia Bang 1 projects. In addition to power generation, the company offers specialized technical and energy services; including engineering, procurement, and construction management; electrical testing, calibration, and commissioning; asset operation and maintenance services for third-party solar and wind installations; power line and substation construction; and technical consultancy for renewable energy projects. Founded in 1989 and headquartered in Pleiku, Gia Lai Province, Vietnam, the company serves as the flagship renewable energy platform of TTC Group and sells bulk power primarily to state-owned utility Vietnam Electricity under long-term power purchase agreements, alongside direct energy solutions for commercial and industrial clients. Its operational footprint spans major energy resource corridors throughout the Central Highlands, South Central Coast, and Mekong Delta regions of Vietnam. In recent developments, the company achieved commercial operation of its 100-megawatt Tan Phu Dong 1 nearshore wind power project in Tien Giang Province, significantly increasing its total operational power capacity. Following the strategic equity acquisition by Japan-based power generation firm JERA Co., Inc., the company has integrated international technical collaboration to enhance plant performance, improve operational and maintenance efficiency, and pursue decarbonization opportunities aligned with Vietnam's National Power Development Plan VIII. Additionally, the company has executed targeted green bond issuances and debt restructuring initiatives to finance ongoing renewable energy projects and expanded its commercial and industrial rooftop solar solutions across major industrial parks in Southern Vietnam.