(HBO) – Last year, the Hoa Binh hydropower plant produced nearly 8.35 billion kWh of electricity, up just 0.2 percent compared to the adjusted plan and equivalent to 87.53 percent of the initial plan due to drought and low water flow iton the Hoa Binh reservoir
In 2019, the total
water volume flowing into the Hoa Binh reservoir stood at only 37.2 billion
cu.m, equivalent to 68.6 percent of the yearly average.
Leaders of the Hoa
Binh Hydropower Company said that in 2019, the total water volume flowing into the
Hoa Binh reservoir stood at only 37.2 billion cu.m, equivalent to 68.6 percent
of the average level in many years. The rainy season saw only one flood spell, with
the water peak volume of 7,700 cu.m per second in early August, but it lasted for
a very short time.
From June until the
end of 2019, the reservoir faced severe water shortage, even in the rainy
season (from July to September), during which the water level only reached half
of the yearly average level in many years.
At the end of
the year, the level was measured at 102 m, which was 10 metres lower than the same
period of 2018 and 15 metres lower than the average level. The electricity
generation could not meet the initial plan, leading to a 300 billion VND (12.9
million USD) deficit in Hoa Binh’s State budget collection contributed by the
Hoa Binh hydropower plant.
Forecast showed
that hydrology in the first half of 2020 would worsen due to drought and low
water levels in reservoirs, causing difficulties for electricity generation and
water supply for the lower regions.
The Hoa Binh Hydropower
Company has launched measures and strived to fulfil the assigned target of
nearly 8.26 billion kWh, as well as maintain the water level in the reservoir
at around 116 m at the end of the year.
To meet the
targets, the company will work with relevant agencies to keep a close watch on the
hydrological situation and devise a suitable water management plan for electricity
generation, flood and drought prevention.
It also needs to
effectively carry out plans for disaster mitigation and search and rescue in
the year, join hands with relevant parties in arranging suitable operation mode
of turbines in permitted capacity to ensure stable operations, as well as
maintain a minimum flow in the dry season./.
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.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.