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EVN to increase power prices to offset losses

Published on July 26, 2012 by in CORPORATE

HANOI – Vietnam Electricity (EVN) will make up for its losses resulting from electricity trading and exchange rate discrepancies by hiking power prices from now until 2015, said EVN deputy general director Dinh Quang Tri. Speaking last Friday to further explain the issues related to the power business, Tri said EVN had borrowed US$7.4 billion

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