The electricity trading joint-stock company is established by eight groups under state-owned union with VND 1,000 billion charter capital. Exclusive of 51 percent charter capital hold by EVN, 49 percent remaining is hold by Vietnam Petrol Group, Vietnam National Coal and Mineral Industries Group, Song Da Company, Vietnam Post and Telecommunications Group, Vietnam Cement Company and Vietnam Steel Company. After established (expected in 2007), the company will buy electricity from 34 factories and sell electricity for 11 electricity distributing companies.
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