Vision
To become the foremost organization in optimizing the development of RE sources
Mission
To meet Energy demands with strategic vision and sustainable solutions
Motto
To harmonize diverse Energy sources development
We contionously strive to optimize our resources, harnessing our capabilities to efficiently deploy our core forms of Energy
Hydropower - Solar Power - Wind Power
Since its establishment in 1989 and equitization in 2010, GEC has made significant strides to become a private organization in comprehensive development, diversification of renewable energy resources, and provision of technical and business electricity services in Vietnam and the Eegion
Building upon these key business strategies, we aim to transition towards a Green Investment Portfolio, focusing on Waste-toEnergy, Offshore Wind Power combined with Hydrogen production. This transition process will enable the GEC to actively contribute to the global net-zero emissions goal by 2050, aligning with the directions outlined in the National Sustianable Development Strategy - NSDS and the National Strategy for Climate Change until 2050
| General Information | ||
| Trading name | CÔNG TY CỔ PHẦN ĐIỆN GIA LAI | |
| Company name in English | GIA LAI ELECTRICITY JOINT STOCK COMPANY | |
| Abbreviation | GEC | |
| Founding | June 1, 1989 | |
| Enterprise Registration Certificate |
No. 5900181213 issued by the Department of Planning and Investment of Gia Lai Province, adjusted for the 23rd time on July 19, /2023 |
|
| Legal Representative | Mr Tan Xuan Hien - Chairman of the BOD | |
| Headquarters |
114 Truong Chinh Street, Phu Dong Ward, Pleiku City, Gia Lai Province |
|
| Website | www.geccom.vn | |
| Social media channels |
Facebook: www.facebook.com/geccom.vn Youtube: www.youtube.com/@geccom |
|
| Charter capital | VND 4.054 billion | |
| Sercurties code | GEG | |
| Exchanges | HOSE | |
| Credit rating | A - with a Stable outlook by FiinRatings | |
*As of December 31, 2023
To meet the escalating energy demands and adapt to evolving power source structures, there’s a pressing need for synchronized development, both in breadth and depth. Fostering a comprehensive value chain within the Electricity Sector emerges as a pivotal solution. This value chain spans exploration, extraction, production, transmission, and distribution to electricity consumption. Developing this value chain enhances production efficiency, reduces costs, bolsters competitiveness, and facilitates international integration.
At GEC, we focus on cultivating a robust value chain within the RE sector. This involves strategic initiatives spanning project development, M&A, legal, design, construction, power plant operation, RE services, and commercial ventures. GEC remains committed to refining its business model to adapt to dynamic market conditions. It aims to diversify Revenue streams, ensure sustainable business growth, and capitalize on profitability indices, which constitute core strengths in GEC’s business operations.
GEC always accompanies
trusted Partners
Proud of the awards
Top 20 Best Sustainable Development Enterprises in the Market
International Annual Report Award
Top 500 Fastest Growing Enterprises in Vietnam
Top 10 Creative and Effective Businesses - Processing - Manufacturing industry
Top 50 Creative and Effective Businesses
Top 50 Sustainable Development Enterprises
Top 500 Most Profitable Enterprises in Vietnam
Top 10 Best Corporate Governance - Mid-cap Group
International financial institutions and
Credit rating
14 Subsidiaries &
02 Affiliates
Since its establishment in 1989 and equitization in 2010, GEC has made significant strides to become a private organization in comprehensive development, diversification of renewable energy sources, and provision of technical and business electricity services in Vietnam and the region.
The Central Vietnam
Thuong Lo Hydropower One Member Co., Ltd
Abbreviated name: GTLC
Charter Capital: VND70 billion
Total assets: VND106 billion
Ownership interest: 100%
Voting rights: 100%
Field: Hydropower