Deputy Prime Minister allowed to invest nearly VND 8.600 billion to expand Hoa Binh hydroelectric plant

Deputy Prime Minister Trinh Dinh Dung has recently approved the policy of investing in the Hoa Binh Hydropower Plant project with a total initial investment of VND8,596 billion.

Accordingly, in terms of scale of investment, the plant will have two units with a installed capacity of 480 MW. The average annual electricity output is 479 million kWh / year (in flood season) and the peak electricity capacity of the existing Hoa Binh power plant in the dry season is about 264.4 million kWh / year.

The main technological equipment consists of hydraulic mechanical equipment (including Francis turbine unit, vertical three phase generator with capacity of 480 MW (2 x 240 MW) and auxiliary equipment synchronized); Hydro-mechanical equipment (including water intake, hydropower plants, pressure pipelines and other auxiliary equipment); Power distribution stations (using the GIS station scheme, connection with the national power system at 220 kV or 500 kV).

Invested nearly VND 8,600 billion to expand Hoa Binh Hydropower Plant

According to the decision, the objective of the project is to increase the peak power capacity of the national power system and create the best conditions for exploiting the annual water supply in the flood season of the existing Hoa Binh Hydropower Plant to generate electricity.

At the same time, in order to improve the frequency and frequency stability of the national power system; contributing to reduce the cost of the national electricity system; reduce the working intensity of the existing units, thereby extending the life of the equipment, saving maintenance and repair costs.

It is known that Hoa Binh Hydropower Plant Project is invested by Electricity of Vietnam (EVN), of which the investment capital is estimated from EVN’s own capital (about 30% of total investment capital). Preferential loans (used for compensation, assistance and resettlement) and commercial loans (70% of total investment capital).

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The factory is built at the inlet of Thai Thinh Commune, water tunnel; Factory in Phuong Lam Ward, Hoa Binh City, Hoa Binh Province.

As planned, the project will put the project into operation in 2022 – 2023 with a total initial investment of VND8.596,203 billion.

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