- Business
- Truong Thinh Energy Investment Joint Stock Company is a Vietnam-based renewable energy enterprise primarily engaged in the investment, construction, operation, and management of clean energy generation assets, with a specialized core focus on small and medium-scale hydroelectric power facilities. Founded in 2011 and headquartered in Pleiku City, Gia Lai Province, Vietnam, the company conducts its power generation and engineering operations across the Central Highlands region. Truong Thinh Energy Investment Joint Stock Company structures its commercial operations across several main business segments: Electricity Generation and Transmission, which comprises the production and wholesale delivery of hydroelectric power directly to state utility Vietnam Electricity (EVN) through commercial power purchase agreements (PPAs), anchored by key operational assets such as the Dak Po Ne and associated regional hydropower facilities; Construction and Installation Services, encompassing civil engineering, procurement, construction (EPC), and installation of hydroelectric plants, hydraulic structures, high-voltage substations, and transmission line networks; Technical and Engineering Consultancy, including feasibility assessment, project design, structural supervision, grid integration planning, and environmental management for energy infrastructure projects; and Maintenance and Equipment Trading, providing specialized repair, overhaul, technical inspection, and trading of electromechanical turbines, hydro generators, switchgear, and replacement components for power stations. In recent company developments, Truong Thinh Energy Investment Joint Stock Company has executed targeted operational and financial restructuring programs to optimize capital structure, reduce financing costs, and enhance asset efficiency. The company has implemented plant-level modernization and automated monitoring systems across its operational hydropower units to maximize generation yield, adjusted water management protocols to mitigate seasonal hydrological variability, reorganized board and executive governance structures to bolster compliance on the Ho Chi Minh Stock Exchange (HOSE), and renegotiated credit facilities while streamlining non-core asset portfolios to reinforce working capital liquidity and focus on core renewable generation infrastructure.