Ceremony marks 30th founding anniversary of Hoa Binh Hydropower Company

11/13/2018 - 3:38:27 PM

(HBO) – The Hoa Binh Hydropower Company has organised a ceremony to celebrate its 30th founding anniversary (November 9, 1988-2018), marking a path full of hardships and challenges to make the Hoa Binh Hydropower Plant, managed by the company, one of the largest hydropower works in the Southeast Asian region.

Attending the ceremony were Deputy Minister of Industry and Trade Hoang Quoc Vuong, Chairman of the Member Council of the Electricity of Vietnam (EVN) Duong Quang Thanh, Permanent Vice Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People’s Council Tran Dang Ninh, and Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang.

Deputy Minister of Industry and Trade Hoang Quoc Vuong presents the Prime Minister’s certificate of merit to Hoa Binh Hydropower Company.

Chairman of the provincial People’s Committee Nguyen Van Quang presents flower basket to Hoa Binh Hydropower Company on the occasion of its 30th founding anniversary.

To date, the plant’s accumulated electricity output has reached nearly 230 billion of kWh. Annually, the company contributes 1.2-1.4 trillion VND to the budget of Hoa Binh province, and 300-450 billion VND in natural resources tax to Son La province. It pays more than 200 billion VND in forest environment service fees to six provinces in the upstream Da River per year, while engaging in regulating floods effectively, ensuring safety for lower areas and minimizing damage caused by downpours and floods.

Since the Hoa Binh Hydropower Plant was put into use, no flooding has been recorded in the northern delta region, with sufficient water for agricultural production during the dry season. In 2017, the plant was officially recognised as an important work related to national security.

On the occasion, the Prime Minister presented a certificate of merit to the Hoa Binh Hydropower Company for its outstanding achievements recorded over the past years. In addition, two units and four individuals of the company received certificates of merit by the Ministry of Industry and Trade./.

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