Work begins on hydro power dam in Ha Giang Province

26/10/2011

Work began yesterday on building a dam across the Song Bac River for a hydropower plant in northern Ha Giang Province's Quang Binh District.

Work began yesterday on building a dam across the Song Bac River for a hydropower plant in northern Ha Giang Province's Quang Binh District.

This marks an important step in the provision of electricity for the north-western region and the easing of the national power shortage. The plant, financed by the Song Bac Hydroelectric Co, will consist of two turbines with a combined capacity of 42MW that will be able to generate more than 166 million kWh a year.

It is expected to become operational in two years' time, a year ahead of schedule. The Japanese Sumitomo Mitsui Bank provided a loan of US$50 million for the project, about 80 per cent of the total investment needed.

Speaking at the launching ceremony, general director of the company, Do Van Binh, said the loan had been provided at low interest rates. "Several hydroelectric projects have had difficulties getting loans due to the world economic downturn," Binh said.

He said the company used its own capital to do primary work and the bank had disbursed $30 million of the total. Work on clearing the land for the VND1.29 trillion (US$64 million) project started in September last year. The first turbine is expected to be in operation by next October and the second by the end of 2012.

The plant, part of the Electricity Master Plan, was the first private project in Viet Nam funded by the Export and Investment Insurance Overseas Untied Loan Insurance Programme (NEXI-OULI). Statistics from the Ministry of Industry and Trade show that Viet Nam has plans for about 890 small and medium-scale hydropower projects. However, to date, only 100 projects have started generating power.

By LM

Same Category

Efficient and Economical Energy Use in Wood Production

10/11/2024

Energy Savings in the Seafood Processing Industry 21/10/2024
Energy Efficiency in Cement Production 21/10/2024
Implement energy recovery solutions, Toshiba Asia Industrial Products Co., Ltd. saves nearly 1 billion VND/year 19/10/2024
Phu Tho accompanies enterprises to promote the energy efficiency and conservation 18/10/2024

Energy Consumption at Viet-Sing Steel is 0.4% lower than the whole industry standard 16/10/2024

The energy audit report conducted by Viet-Sing Steel in 2023 shows that the company's energy consumption is 0.4% lower than the energy consumption standard of the steel industry (as per Circular No. 20/2016/TT-BCT dated September 20, 2016, by the Ministry of Industry and Trade).
Scaling Up Energy Efficiency Models in the Textile Industry 15/10/2024

With the potential to save about 20% of energy consumption, textile enterprises increasingly focus on implementing energy-saving solutions.
Energy efficiency and conservation measures at Van Dien Fused Magnesium Phosphated JSC 13/10/2024

In July 2024, Van Dien Fused Magnesium Phosphate JSC conducted an energy audit. Energy audit experts assisted the company in identifying the optimal solutions for further energy-saving implementations.
Paper Industry's Efforts to Save Energy 10/10/2024

Energy costs account for 20-30% of total production expenses in the paper and pulp manufacturing sector. Experts believe that the potential for energy savings in this industry is substantial.
Energy efficiency and conservation measures for industrial enterprises 06/10/2024

Energy efficiency and conservation usage in industry are crucial to the development of the economy and society while ensuring national energy security.
Promoting innovative startups in the field of energy efficiency 05/10/2024

Energy efficiency is not just about using less energy, but also about using energy intelligently and optimally. In the context of increasingly scarce energy resources and the threat of climate change, improving energy efficiency has become an urgent task for every country and individual.
Thua Thien Hue: Businesses partner with energy efficiency program 04/10/2024

Many businesses in Thua Thien Hue Province have adjusted their operations, shifting production to off-peak hours and optimizing equipment to support the power sector’s electricity efficiency initiatives.
Hoa Sen Nghe An implemented energy management and savings 03/10/2024

Hoa Sen Nghe An Co., Ltd. prioritizes implementing energy management solutions and advanced technical solutions aimed at efficient energy use, a top concern for the company.