Hoa Binh hydropower plant's production hits 250 billion kWh benchmark

6/5/2021 - 8:55:04 PM

(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./.

Starting business from hometown specialty

Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.

Huge potential to boost chilli export to RoK

Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.

Hoa Binh improves effectiveness of collective economy

Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.

PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

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, the total capital of the credit institutions was estimated at 40,128 billion VND

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.

Lac Son - attractive destination for investors

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.