(HBO) - The Hoa Binh Hydropower Plant's output reached the benchmark of 250 billion kWh of production electricity at 14:05pm on May 25, making an important contribution to ensuring the country's energy security, said Pham Van Vuong, Deputy Director of the Hoa Binh Hydropower Company - the plant's operator.
The Hoa Binh
Hydropower Plant.
The plant has eight turbines with total capacity of 1,920 MW. In recent years, the Hoa Binh Hydropower Company has contributed from 1 – 1.4 trillion VND (43.3-60 million USD). It also paid 300-450 billion VND (13-19.5 million USD) in resource taxes to neighbouring Son La province andover 200 billion VND (8,6 million USD) in forest environment service fees to six provinces in the upstream Da river basin per year.
The Hoa Binh Hydropower Plant is now being expanded under a project worth 9.22 trillion VND (399 million USD). Once completed, the plant will have two more turbines, each with capacity of 240 MW. The average annual power generation output is estimated at about 488.3 million kWh. As scheduled, the first turbine will generate electricity in the third quarter of 2024, and the second one in the fourth quarter of that year./.