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NATIONAL POWER TRANSMISSION CORPORATION

Active

Business ID 0102743068

84-24 / 2222 6666

NATIONAL POWER TRANSMISSION CORPORATION

Active

Business ID 0102743068

84-24 / 2222 6666

NATIONAL POWER TRANSMISSION CORPORATION

Active

Summary

Name:

NATIONAL POWER TRANSMISSION CORPORATION

Business ID (TIN):

0102743068

Date of Registration:

06 May 2008

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

No. 18, Tran Nguyen Han Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 2222 6666

Financial Statement:

2020, 2021, 2022, 2023, 2024

NATIONAL POWER TRANSMISSION CORPORATION, locally known as TỔNG CÔNG TY TRUYỀN TẢI ĐIỆN QUỐC GIA (EVNNPT), plays a critical role in Vietnam’s power infrastructure by managing and operating the country's national electricity transmission system. Established in 2008, EVNNPT is a wholly state-owned enterprise under Vietnam Electricity (EVN), responsible for ensuring the stable and efficient transmission of electricity across the country. The company is headquartered in Hanoi and maintains branches in Da Nang, Khanh Hoa, and other key locations to support its extensive transmission network.

According to Vanguard Business Information LLC (VBI), EVNNPT reported total assets of USD 3.5 billion in 2023, marking a 2.03 percent increase from the previous year. Its total sales rose by 15.16 percent to USD 797.53 million, reflecting increased electricity demand. However, despite this strong revenue growth, the company’s profitability remains volatile. While profits rebounded 733.3 percent to USD 14.85 million in 2023, this followed a steep decline of 94.89 percent in 2022, indicating ongoing financial and operational challenges.

Legally, EVNNPT operates under Business ID 0102743068, with its Tax Identification Number (TIN) 0102743068. It is registered with the Hanoi City Department of Planning and Investment, with a charter capital of over USD 1 billion and 6,900 employees managing Vietnam’s national transmission grid. Under the leadership of chairman Nguyen Tuan Tung and general director Pham Le Phu, the company focuses on grid maintenance, infrastructure investment, and system upgrades to ensure the country’s energy security.

SWOT Analysis

Strengths

Essential national infrastructure: As the sole operator of Vietnam’s electricity transmission network, EVNNPT is indispensable to the country’s economic development.
State-backed stability: Full ownership by Vietnam Electricity (EVN) ensures government support, funding, and policy alignment.
Growing electricity demand: Vietnam’s industrialization and urbanization drive consistent power consumption growth, increasing transmission needs.

Weaknesses

Profitability concerns: Despite rising revenue, profits remain unstable, with a history of sharp declines and recoveries.
High operational costs: Managing a nationwide transmission network requires continuous infrastructure investment and maintenance, straining financial resources.
Aging infrastructure: Parts of the national grid need upgrading and modernization, requiring large capital expenditures.

Opportunities

Renewable energy integration: The push for solar and wind energy requires expanding and modernizing transmission systems, offering growth potential.
Technological upgrades: Investing in smart grid solutions and energy-efficient transmission technologies can enhance operational efficiency.
International cooperation: Partnerships with foreign energy firms and investors could bring new funding and expertise.

Threats

Regulatory and tariff constraints: Government-imposed electricity pricing policies may limit revenue growth and investment capacity.
Energy transition challenges: The shift from coal and traditional energy sources to renewables requires significant infrastructure adaptation.
Natural disasters and climate risks: Vietnam’s geographic vulnerability to storms and floods threatens transmission reliability and increases maintenance costs.

To maintain its critical role in Vietnam’s energy sector, VBI recommends that EVNNPT focus on cost management, infrastructure upgrades, and strategic partnerships to support the country’s rapidly growing power needs. While government backing provides stability, the company must address profitability challenges and modernize its grid system to sustain long-term operational efficiency and financial resilience.

Legal Profile

English Name:

NATIONAL POWER TRANSMISSION CORPORATION

Vietnamese Name:

TỔNG CÔNG TY TRUYỀN TẢI ĐIỆN QUỐC GIA

Short Name:

EVNNPT

Business ID (TIN):

0102743068

Date of Registration:

06 May 2008

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN T.T

+ PHAM L.P

+ BUI V.K

+ TRUONG H.T

+ NGUYEN N.T

+ HOANG V.T

+ LUU V.T

Address:

No. 18, Tran Nguyen Han Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 2222 6666

Branch:

No. 207, Xo Viet Nghe Tinh Street, Cam Le Ward, Da Nang City, Vietnam

Branch:

No. 4, Nguyen Khac Nhu Street, Ba Dinh Ward, Ha Noi City, Vietnam

Branch:

No. 12, Tran Hung Dao Street, Nha Trang Ward, Khanh Hoa Province, Vietnam

Branch:

No. 15, Cua Bac Street, Ba Dinh Ward, Ha Noi City, Vietnam

Branch:

No. 220, Nguyen Van Linh Street, Thanh Khe Ward, Da Nang City, Vietnam

Branch:

No. 7, National Road 52, Thu Duc Ward, Ho Chi Minh City, Vietnam

Branch:

No. 610, Vo Van Kiet Street, Cau Ong Lanh Ward, Ho Chi Minh City, Vietnam

Branch:

No. 1111D, Hong Ha Street, Hong Ha Street Ward, Ha Noi City, Vietnam

Branch:

No. 18, Tran Nguyen Han Street, Hoan Kiem Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

3512 Electricity transmission and distribution

Industry Sales Growth

CAGR (2019 - 2023)

-16.57%

YoY (2023)

-29.10%

Companies by industry

Company distribution and propportions

984

0.0338%

Key Industry Players

Top 10 companies in electricity transmission and distribution industry

hanoi power corporation national power transmission corporation central power corporation dong nai power company limited bac ninh power company - branch of northern power corporation quang ninh power company - branch of northern power corporation haiphong power company limited hai duong power company limited - northern power corporation thanh hoa power company - branch of northern power corporation binh duong power company limited

Payment History

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Financial Performance

Assets	44.63%
Owner’s Equity	-46.24%
Working Capital	-82.85%
Net Worth	-13.67%
Sales	97.93%
Operating income	-28.61%
EBIT	-61.77%
Gross Profit Margin	-15.48%
Debt to EBITDA	9.16%

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Specific Questions About NATIONAL POWER TRANSMISSION CORPORATION

When did NATIONAL POWER TRANSMISSION CORPORATION start operating?

NATIONAL POWER TRANSMISSION CORPORATION was started in 06 May 2008

What industry does NATIONAL POWER TRANSMISSION CORPORATION operate in?

NATIONAL POWER TRANSMISSION CORPORATION is operating in "Electricity transmission and distribution" industry

How can I contact NATIONAL POWER TRANSMISSION CORPORATION?

NATIONAL POWER TRANSMISSION CORPORATION phone numbers is 84-24 / 2222 6666

What adverse news is there about NATIONAL POWER TRANSMISSION CORPORATION?

NATIONAL POWER TRANSMISSION CORPORATION’s has no negative news

What is stock symbol of NATIONAL POWER TRANSMISSION CORPORATION?

NATIONAL POWER TRANSMISSION CORPORATION is not listed company

Where is the location of NATIONAL POWER TRANSMISSION CORPORATION?

NATIONAL POWER TRANSMISSION CORPORATION is located at No. 18, Tran Nguyen Han Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City, Vietnam

What is NATIONAL POWER TRANSMISSION CORPORATION’s business registration?

NATIONAL POWER TRANSMISSION CORPORATION business registration is 0102743068

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