(HBO) – The Hoa Binh Hydropower Company has recently held a conference to review its operation in 2017 and put forward tasks for 2018.
Last year, the company’s electricity output reached over 11.2
million kWh, exceeding 11.8 percent of the yearly target and making a record
high since the plant began operational.
Electricity
of Vietnam grants certificates of merit to many collectives and individuals for
their outstanding performances.
Statistics showed that production costs were nearly 2.5 trillion
VND (109.7 million USD), in which value added tax was valued at 783 billion
VND, natural resources tax 839 billion VND and forest fees 205 billion VND. The
company contributed over 1.4 trillion VND to the province’s budget in 2017.
According to experts, hydrological developments in the year were
abnormal. The water pouring into Hoa Binh lake was 62.4 billion cu.m, exceeding
the average rate for the first time after eight years, with floods happening
from July to October.
During the flood season, the company opened three discharge
courses, with two-three bottom floodgates opened in a total time of 41 days. In
a big flood in October, the company opened eight bottom floodgates with a discharge
output of 16,250 cu.m per second, the biggest since the plant was put into
operation.
Thanks to the good regulation of water, the Hoa Binh hydropower
plant was protected, while no human losses were recorded and asset losses of
people in lower areas were minimised.
However, the company admitted that there remained some production
violations, especially in obeying power safety regulations.
In the year, the plant’s machines had to stop working 26 times due
to breakdowns in their spare parts. The company conducted a lot of major
repairs, with the total value of 401 billion VND.
With the achieved results, many collectives and individuals of the
Hoa Binh Hydropower Company received certificates of merit and noble rewards
from Electricity of Vietnam and ministries and localities.
In 2018, the company strives to operate the plant safely and
effectively, with the total electricity output of 10.1 million kWh, the water
level of Hoa Binh lake reaching 116 metres and the rate of working halt being
0.99 percent./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
.jpg)
