EVNGENCO1 Mid-Year Review and Implementation Plan for Second Half of 2026
Hanoi - On the morning of July 1, 2026, the Vietnam Electricity Corporation 1 (EVNGENCO1) held a conference to review the first half of the year and implement tasks for the remaining months of 2026. The conference aimed to comprehensively evaluate the results of production, business, and investment activities in the first half, while proposing key tasks and solutions to fully achieve the 2026 plan.
Introduction to EVNGENCO1
Power Generation Corporation 1 (EVNGENCO1) is one of the key member units of Vietnam Electricity (EVN). With its mission to provide stable, safe, and efficient power to the national power system, EVNGENCO1 has been continuously striving to complete production and business targets, contributing to the socio-economic development of the country.
Mid-Year Review Conference Content
The conference focused on a comprehensive assessment of EVNGENCO1's activities in the first half of 2026. The main contents included:
- Assessment of electricity production results
- Implementation of business plans
- Progress of investment and construction projects
- Operations management and maintenance work
- Occupational safety and fire prevention
- Administrative reform and digital transformation
Results Achieved in the First Half of the Year
According to the report presented at the conference, EVNGENCO1 achieved many positive results in the first half of 2026:
| Target | First Half Results | % of Plan | % vs. Same Period |
|---|---|---|---|
| Electricity Output (kWh) | 24.5 billion | 98.2% | 105.3% |
| Revenue (billion VND) | 32.8 billion | 102.5% | 108.7% |
| Pre-tax Profit (billion VND) | 4.2 billion | 97.8% | 103.5% |
| Installed Capacity (MW) | 3,200 | 100% | - |
Challenges and Difficulties
Besides the achievements, EVNGENCO1 also faced many difficulties in the first half of the year:
- Complex weather conditions affecting electricity production
- High prices of input raw materials affecting production costs
- Pressure on water resources for hydropower plants
- Slow implementation of some investment projects compared to plan
Proposed Tasks and Solutions for the Second Half of the Year
At the conference, EVNGENCO1 proposed key tasks and solutions for the second half of 2026:
Key Tasks
- Complete 100% of the annual electricity production plan for 2026
- Ensure absolute safety in production and business
- Strengthen energy conservation and efficient resource use
- Accelerate the progress of investment and construction projects
- Complete restructuring and digital transformation work
Implementation Solutions
To complete the above tasks, EVNGENCO1 will focus on implementing the following solutions:
| Focus Area | Specific Solutions |
|---|---|
| Electricity Production | Optimize operations, strengthen quality control of coal, oil, and gas |
| Business | Strengthen cost management, diversify markets, improve service quality |
| Investment & Construction | Accelerate key projects, ensure quality and safety |
| Digital Transformation | Implement integrated management systems, apply AI in electricity demand forecasting |
| Sustainable Development | Increase renewable energy ratio, reduce carbon emissions |
Conclusion and Outlook
Concluding the conference, EVNGENCO1's leadership called on all officials and employees to strive and be determined to complete and exceed the 2026 plan targets. With the results achieved in the first half and the proposed solutions for the second half, EVNGENCO1 is on track to excellently complete its assigned tasks, making an important contribution to the development of the electricity sector and the country's economy.
The conference took place with a united, positive, and highly determined atmosphere, reflecting EVNGENCO1's sense of responsibility in ensuring national energy security.
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