EVNHANOI

What EVNHANOI does

EVNHANOI (Tổng công ty Điện lực TP Hà Nội / Hanoi Power Corporation) is the state-owned, monopoly electricity distribution and retail company serving the entirety of Hanoi, operating as a one-member limited liability company under Vietnam Electricity Group (EVN). It distributes power at 220kV and below to residential, commercial, industrial, agricultural, and rooftop-solar customers through 13 subsidiary power companies covering all of Hanoi's districts, with roots in the predecessor Sở Điện khí dating to 1892 and the current legal entity formed in November 2010 under Ministry of Industry and Trade decision.

The company operates a Smart Grid platform spanning SCADA, AMI, DMS, and RTU layers, supported by a GIS-mapped asset database and a dedicated data center. Customer-facing infrastructure includes AppEVNHANOI, the unified EVN CSKH app, online service registration, and a 24/7 AI chatbot, with collection integrated into 15+ banks and major e-wallets (MoMo, ZaloPay, VNPay, Payoo). Quality and environmental management are certified to ISO 9001:2015 and ISO 14001:2015.

Revenue mechanics are driven by regulated distribution tariffs segmented across six residential tiers, dedicated agricultural rates, ToU pricing for industrial and construction customers, and rooftop solar buyback frameworks. Geographic expansion has historically tracked Hanoi's urban footprint, including the 2008 absorption of former Hà Tây province territory. Strategic priorities visible in recent years include digitalization of customer service, modernization of grid operations, integration of distributed rooftop solar, and ongoing EV-driven demand growth in the Hanoi metro area.

Name

EVNHANOI

Legal name

Tổng công ty Điện lực TP.Hà Nội

Website

https://evnhanoi.vn

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

EVNHANOI is the state-owned monopoly electricity distributor for Hanoi, operating under Vietnam Electricity Group. It distributes power across residential, commercial, industrial, agricultural, and rooftop-solar segments via 13 subsidiaries, supported by Smart Grid infrastructure and a digital customer platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Electricity Distribution and Sales: Primary revenue from distribution and retail of electricity to residential, commercial, and industrial customers in Hanoi. Operates under regulated pricing framework set by Vietnamese government.
2. Testing and Calibration Services: Electrical equipment testing, calibration, and inspection services provided by subsidiary Cong ty Thi nghiem Dien Dien luc Ha Noi (Hanoi Electrical Testing Company).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

EVNHANOI is the state-owned electricity distribution utility serving Hanoi, operating under Vietnam Electricity Group (EVN). It distributes and sells electricity to residential, commercial, industrial, and administrative customers across all Hanoi districts, managing the power grid at voltages of 220kV and below. The company provides electricity distribution, meter reading, billing, customer service, rooftop solar grid integration, and electrical equipment testing/calibration through its network of 13 district power companies and digital service platforms.

Product overview

EVNHANOI (Hanoi Power Corporation) is one of five regional electricity distribution companies under Vietnam Electricity Group (EVN), responsible for managing, operating, and distributing electricity at voltages up to 220kV in Hanoi. The company operates as a parent-subsidiary model providing electricity distribution, retail sales, and power grid investment. Its product portfolio centers on the Smart Grid System as the core infrastructure, supported by customer-facing digital services including the AppEVNHANOI mobile application, online payment platform with integration to 15+ banks and e-wallets, meter reading services, power outage scheduling, rooftop solar services, electrical equipment testing/calibration, and various self-service portals. The company also maintains a nationwide unified EVN CSKH app launched in 2026 and provides traditional customer support via hotline and physical service counters.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Grid System

Quantifiable outcome

• 100% online service capability for electricity registration and customer management
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration28 records

Feature3 records

Partnerships

16 partnerships are on record, tiered core, major and minor.

• Ministry of Industry and Trade (Bo Cong Thuong)coreOthersRegulatory oversight and policy direction for electricity sector. EVNHANOI operates under licenses and regulations set by the Ministry.
• Hanoi People's Committee (UBND TP Ha Noi)coreOthersLocal government oversight and coordination for electricity supply within Hanoi metropolitan area.
• TechcombankmajorChannel Partner/ Reseller/ DistributorAutomatic bill payment service partner allowing customers to set up recurring payments for electricity bills through Techcombank internet banking and mobile app.
• BIDVmajorChannel Partner/ Reseller/ DistributorAutomatic bill payment service partner for EVNHANOI electricity bill settlement through BIDV SmartBanking app and website.
• VietinBankmajorChannel Partner/ Reseller/ DistributorAutomatic bill payment and online payment partner for electricity bills through VietinBank iPay app and website.
• Vietnam Commercial Bank (VCB)majorChannel Partner/ Reseller/ DistributorAutomatic debit service (Auto Debit) partner for EVNHANOI bill payment through VCB Digibank app and website.
• MB BankminorChannel Partner/ Reseller/ DistributorAutomatic payment service partner for electricity bill settlement through MB Bank app.
• SacombankminorChannel Partner/ Reseller/ DistributorAutomatic bill payment partner for EVNHANOI electricity through Sacombank app and website.
• VIBminorChannel Partner/ Reseller/ DistributorAutomatic payment service partner for electricity bills through VIB MyVIB app.
• ABBankminorChannel Partner/ Reseller/ DistributorAutomatic bill payment service partner for EVNHANOI through ABBank internet banking.
• LPBankminorChannel Partner/ Reseller/ DistributorAutomatic payment service partner for electricity bills through LPBank app.
• MSBminorChannel Partner/ Reseller/ DistributorAutomatic payment service partner for EVNHANOI bill settlement through MSB app and eBank.
• VPBankminorChannel Partner/ Reseller/ DistributorAutomatic bill payment service partner for electricity bills through VPBank Online app and website.
• OCBminorChannel Partner/ Reseller/ DistributorAutomatic payment service partner for EVNHANOI through OCB Omni app and website.
• PVCombankminorChannel Partner/ Reseller/ DistributorAutomatic bill payment partner for electricity settlement through PVCombank Pvconnect app.
• SHBminorChannel Partner/ Reseller/ DistributorAutomatic payment service partner for electricity bills through SHB Mobile and SHB Online apps.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Tenaga Nasional Berhad (TNB): Broad incumbent — Malaysian state-owned vertically integrated utility with regulated monopoly across Peninsular Malaysia, comparable in scale, regulatory framework, and grid/distribution mandate.
• EVN (Vietnam Electricity Group): Parent group and broader incumbent — the state-owned national electricity group that owns EVNHANOI and the other four distribution subsidiaries, providing strategic direction, capital, and regulatory oversight.
• PT PLN (Perusahaan Listrik Negara): Broad incumbent — Indonesian state-owned electricity utility holding a monopoly on transmission and distribution across Indonesia, comparable to EVNHANOI in being a state-owned, regulated distribution monopoly.
• KEPCO (Korea Electric Power Corporation): Broad incumbent — South Korean state-owned vertically integrated utility, comparable as a large state-owned electricity utility with regulated distribution and grid operations.
• EGAT (Electricity Generating Authority of Thailand): Broad incumbent — Thai state-owned electricity authority operating generation, transmission, and bulk distribution in Thailand, comparable as a state-owned power utility in a Southeast Asian regulatory framework.

Regional players

• National Power Corporation (NPC/Napocor, Philippines): Regional peer — Philippine state-owned power corporation that operates transmission and missionary electrification, comparable in being a Southeast Asian state-owned utility with a regulated distribution mandate.

Direct peers

• EVNCPC (Central Power Corporation): Direct peer — EVN distribution subsidiary covering central Vietnam, providing the same regulated electricity distribution and customer services under the EVN corporate umbrella.
• EVNSPC (Southern Power Corporation): Direct peer — EVN distribution subsidiary covering southern Vietnam provinces, operating the same regulated electricity distribution, retail, and customer service model as EVNHANOI.
• EVNNPC (Northern Power Corporation): Direct peer — another EVN distribution subsidiary covering northern Vietnam provinces (excluding Hanoi), running an analogous distribution and retail utility business with similar regulatory and operational structure.
• EVNHCMC (Ho Chi Minh City Power Corporation): Direct peer — sister subsidiary under Vietnam Electricity Group (EVN), operating the same state-owned electricity distribution model for Ho Chi Minh City, with similar smart grid, customer service, and regulatory framework.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Ngoinhaevnhanoi
• LinkedInlinkedin.com/company/evnhanoi

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EVNHANOI