Introduction

Thac Ba Hydropower Joint Stock Company is a Vietnam-based company engaged in electricity generation and trading through the operation and management of hydropower plants. The Company also offers repair and maintenance services, along with training services for the operation, maintenance and management of power plants' facilities and equipment. Additionally, it is engaged in the provision of engineering, consulting and supervision services for power plant construction, as well as the trading of electricity equipment and supplies.

Business sector

  • Producing and trading electricity;
  • Managing, operating, repairing and maintaining irrigation works, architect works, facilities of hydro power plants and transformers;
  • Testing and adjusting electric devices;
  • Trading, exporting and importing electric equipment;
  • Providing advisory on setting up and managing construction investment projects as well as supervising construction of electric works;
  • Investing in source projects and electric grid;
  • Providing training on management, operation, maintenance and repair of equipment in hydropower plants;
  • Providing tourism services;

History

Date of incorporation 01/01/0001
Certificate of registration number 5200240495
Date of issue 01/06/2023
Capital 635,000,000,000
Tax Code 5200240495
Sectors & Industries Utilities > Conventional Electricity

  • Thac Ba Hydropower Plant is the first hydropower plant in Vietnam. Activities for survey design of Thac Ba Hydropower Plant were conducted from 1959 to 1961. After 10 years of construction, on Oct 05, 1971, its machine unit 1 was put into operation and joined the national electric grid network.
  • Thac Ba Hydropower was initially  a subsidiary of Power Company found under under Decision No. 244 Tel-NCQLKT-1 dated Oct 10, 1971 of the Minister of Electricity and Coal.
  • In 1993, it became a subsidiary with dependent accounting system of Power Company No1 following Decision No. 478 NL / TCCB-LD dated June 30, 1993 of the Minister of Energy.
  • Following Decision No. 100/NL/TCCB-LD dated May 04,  1995 of the Minister of Energy, the company was put under the management of  Vietnam Electricity Corporation (EVN).
  •  On Mar 30, 2005, Thac Ba Hydropower Plant  was converted in to Thac Ba Hydropower Company – a subsidiary with independent accounting syytem of EVN Decision No. 19/2005/QD-BCN of the Ministry of Industry.
  • The company’s equitization plan was approved in Decision No. 3497/QD-BCN dated Oct 24, 2004 of the Ministry of Industry.
  • On Mar 31, 2006, Thac Ba Hydropower Joint Stock Company  officially came into operation with business registration certificate No. 1603000069 issued by Yen Bai Department of Planning and Investment.  Its charter capital was VND 635.000.000.000.
  • On Oct 19, 2009, the company’s shares were officially traded on the Ho Chi Minh City Stock Exchange.

Listing information

Date of listing 01/06/2023
Stock exchange HOSTC
Par Value 10,000
Initial Listing Price 30,300
Listing Volume 63,500,000
Total Listing Value 635,000,000,000

Management team

Nguyễn Quang Quyền Chairman of the Board of Directors
Nguyễn Văn Quyền Members of the Board
Hồ Văn Trung Members of the Board
Lê Tuấn Hải Members of the Board
Nguyễn Văn Da Members of the Board
Nguyễn Thị Huỳnh Phương Board of internal controllers
Trần Nguyễn Khánh Linh Member of the Board of Internal controllers
Lai Lệ Hương Member of the Board of Internal controllers
Nguyễn Văn Quyền Chief of Executive Officer
Bùi Hoàng Deputy CEO
Nguyễn Mạnh Cường Deputy CEO
Nguyễn Thanh Hải Deputy CEO
Lê Hồng Minh Chief Accountant
Nguyễn Hoài Linh Representative Spokesman