(HBO) – The Hoa Binh Hydropower Company has recently held a conference to review its operation in 2017 and put forward tasks for 2018.

Last year, the company’s electricity output reached over 11.2 million kWh, exceeding 11.8 percent of the yearly target and making a record high since the plant began operational.

 

Electricity of Vietnam grants certificates of merit to many collectives and individuals for their outstanding performances.

 

Statistics showed that production costs were nearly 2.5 trillion VND (109.7 million USD), in which value added tax was valued at 783 billion VND, natural resources tax 839 billion VND and forest fees 205 billion VND. The company contributed over 1.4 trillion VND to the province’s budget in 2017.

 According to experts, hydrological developments in the year were abnormal. The water pouring into Hoa Binh lake was 62.4 billion cu.m, exceeding the average rate for the first time after eight years, with floods happening from July to October.

 During the flood season, the company opened three discharge courses, with two-three bottom floodgates opened in a total time of 41 days. In a big flood in October, the company opened eight bottom floodgates with a discharge output of 16,250 cu.m per second, the biggest since the plant was put into operation.

 Thanks to the good regulation of water, the Hoa Binh hydropower plant was protected, while no human losses were recorded and asset losses of people in lower areas were minimised.

 However, the company admitted that there remained some production violations, especially in obeying power safety regulations.

 In the year, the plant’s machines had to stop working 26 times due to breakdowns in their spare parts. The company conducted a lot of major repairs, with the total value of 401 billion VND.

 With the achieved results, many collectives and individuals of the Hoa Binh Hydropower Company received certificates of merit and noble rewards from Electricity of Vietnam and ministries and localities.

 In 2018, the company strives to operate the plant safely and effectively, with the total electricity output of 10.1 million kWh, the water level of Hoa Binh lake reaching 116 metres and the rate of working halt being 0.99 percent./.

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