Ba Ria Thermal Power Joint Stock Company is a Vietnam-based company operating in the energy sector. It produces and trades electricity, as well as manages, operates and maintains electrical equipment and power plants. In addition, the Company manufactures pure drinking water, metallic products and processes and trades agricultural products and seafood. It is also involved in materials trading, industrial construction, real estate trading and goods and passengers transportation. Other activities include rental services of fixed assets, ports, offices, transportation means, hotel services and restaurant services. As of December 31, 2008, electricity trading accounted for 85.42% of its revenues. Electricity of Vietnam Corporation is the parent of the Company.
Electricity manufacturing and trading;
Management, operation, maintenance, repair, experiments, adjustment and upgrade of electrical equipment, electricity works, power plants’ architecture;
Materials and equipment trading;
Preparation of investment projects in construction, project management in construction investment;
Implementation and installation of industrial projects;
Production of distilled water, bottled drinking water;
Production of metal products and services related to the manufacture of metal;
Rental equipment, fixed assets, wharf, office;
Means of transportation leasing;
Trading in restaurants, hotels;
Real estate business;
Agricultural product processing and trading
Marine products processing and trading (processing location must be consistent with the planning of the sector and each locality. Companies are not allowed to process from Ward 1 to Ward 12 of Vung Tau city);
Ba Ria Thermal Power Plant was originally known as Ba Ria Power Plant, a dependant accounting unit of Electricity Company No 2 under the Ministry of Energy. Ba Ria Power Plant was established according to Decision No 640 NL/TCCB by the Ministry of Energy on Dec 24, 1992.
From Apr 01, 1995, Ba Ria Power Plant became a dependant accounting member of Vietnam Electricity Corporation (EVN) according to Decision No 102 NL/TCCB-LD by the Ministry of Energy.
On Mar 03, 2005, the Ministry of Industry issued Decision No 14/2005/QD-BCN to transform Ba Ria Thermal Power Plant into Ba Ria Thermal Power Company under EVN.
From July 01, 2001, Ba Ria Thermal Power Company became an independant accounting member company of EVN.
Ba Ria Thermal Power Company officially transformed into Ba Ria Thermal Power Joint Stock Company under Decision No 3944/QD-BCN dated Dec 29, 2009 by the Ministry of Industry. The company operated under business registrationc certficate No 3500701305 issued for the first time by the Department of Planning and Investment in Ba Ria Vung Tau province on Nov 01, 2007, adjusted for the first time on May 12, 2008 and for the second time on May 20, 2009
On November 17, 2009, the Ho Chi Minh Stock Exchange officially allowed the company to list its shares on the exchange ( 60,485,600 shares)