The 120MW Thac Ba is owned in whole by EVN and produces an average of 385MkWh/yr. The auction will take place at the Hanoi Securities trading centre, where Thac Ba’s shares will reportedly be sold at a total value of US$9.6M (24.2% of chartered capital), with a face value of US68 cents per share.
According to reports, EVN plans to sell shares in five more of its power plants in 2006, including two hydro power facilities: Thac Mo and Da Nhim-Ham Thuan-Da Mi.
