Hai Phong Thermal Power JSC
UUPCOM:HND8,900.00
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Hai Phong Thermal Power JSC
UPCOM:HND
(Unlisted Public Company Market)
Recent
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8,900.00
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ROIC.AI
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- Business
- Hai Phong Thermal Power Joint Stock Company is a Vietnam-based power generation utility primarily engaged in the production and commercial distribution of electricity through coal-fired thermal power facilities. The company operates through several core business segments, offering a portfolio of products and services that includes: wholesale electricity generation and grid-supply to the national power system via high-voltage transmission networks; commercialization and processing of industrial combustion by-products, such as fly ash, bottom ash, and synthetic gypsum for use in the cement and construction material industries; operation, routine maintenance, major overhaul, and repair services for thermal power generation units, turbines, boilers, and auxiliary electrical equipment; procurement, testing, blending, and management of coal fuel and specialized industrial consumables; and technical consultancy, engineering assistance, and environmental monitoring services for power sector infrastructure. Founded in 2002 and headquartered in Thuy Nguyen District, Hai Phong City, Vietnam, the company operates as a key power generating subsidiary under Power Generation Corporation 2 (EVNGENCO2) of Vietnam Electricity (EVN), managing the Hai Phong Thermal Power Plant complex with an aggregate installed capacity of 1,200 megawatts comprising four 300-megawatt generating units serving the industrial and domestic energy demands of Northern Vietnam. In recent operational developments, Hai Phong Thermal Power Joint Stock Company has executed comprehensive technical overhaul and modernization programs across its generating units to optimize operational heat rates, minimize forced outages, and maintain high base-load reliability amid rising national energy consumption. The company has also strategically diversified its coal supply chains by refining fuel-blending ratios of domestic anthracite and imported coal to mitigate supply constraints and volatile input costs, upgraded its environmental protection systems including flue gas desulfurization and electrostatic precipitators to align with national emission standards, expanded long-term off-take agreements to achieve full recycling of coal ash by-products, and accelerated digital transformation initiatives focused on automated asset management and predictive maintenance systems across its plant infrastructure.