Ban Ve Hydropower Plant completes annual production plan

(Baonghean) - In 2016, Ban Ve Hydropower Company has strived to complete and exceed the assigned plans, targets and tasks, specifically:

Technical management and operation of electricity market:

+ Electricity production output reached 889.5 million kWh, reaching 121.5% of the assigned plan (732 million kWh) and 103.7% of the adjusted plan (858 million kWh).

+ Effectively operate the electricity market, complete the output plan and maximize revenue, the whole year reached 1,049 billion VND, the average electricity price (after tax and fees) reached 1,192.97 VND/kWh, higher than the contract price (Pc = 947.08 VND/kWh), paid to the budget 177.7 billion VND in taxes and fees.

Turbine installation at Ban Ve Hydropower Plant.

+ Safe and efficient operation, no human accidents or major equipment failures. The indicators of availability coefficient, failure rate, and self-consumption electricity ratio all meet and exceed requirements:

Self-consumption electricity rate equals technical indicators of assigned factory (1.15%).

Availability ratio in 2016 was 96.32%, reaching and exceeding the assigned target (96.22%).

In 2016, Ban Ve Hydropower Plant had 1 incident, the incident rate for the whole year was 0.04 <assigned incident rate>

Flood and storm prevention work:

The company has closely coordinated with the People's Committee of Nghe An province and the Department of Agriculture and Rural Development of Nghe An province to operate the reservoir to ensure good irrigation water supply for downstream areas. At the same time, the reservoir operation has effectively played a role in reducing two major floods in August and September with a reduction rate of flood peaks and total flood flow of 80-90%.

Ban Ve Hydropower Plant Operation Room.

Major repair work:

The company has completed the TM1 renovation work ensuring safety, quality and on schedule as approved from March 18, 2016 to April 4, 2016. Other main construction items and auxiliary construction items - equipment systems were carried out according to plan and have completed settlement.

Research work on assessing the stability of CNN, dams, spillways:

The Hydropower Project Management Board 2 has signed a contract with Power Construction Consulting Joint Stock Company 1 to implement this work and Power Construction Consulting Joint Stock Company 1 has signed a contract with the subcontractor, the Joint Venture of Japan-Vietnam Construction Consulting Co., Ltd. and Kawasaki Geology Joint Stock Company, to perform consulting services to support the assessment of the cause of the elevation of the CLN and the level of dam safety risks. Up to now, the consulting unit is studying to prepare the final report, expected to be completed in February 2017.

Riverbed improvement and reinforcement work from the erosion hole to the people's bridge:

Implementing the direction of Vietnam Electricity Group in Document No. 4513/EVN-QLXD dated October 24, 2016 on approving the appendix to the contract to supplement the project of riverbed improvement from the erosion hole to the downstream people's bridge - Ban Ve Hydropower Plant and Power Generation Corporation 1 in Document No. 2976/EVNGENCO1-QLDT dated November 3, 2016 on the appendix to the contract to supplement the project of riverbed improvement from the erosion hole to the downstream people's bridge - Ban Ve Hydropower Plant, the Hydropower Project Management Board 2 signed the appendix to the contract No. 20/PLHD-ATD2-P2 dated November 8, 2016 and has implemented it. This project is expected to be completed before June 30, 2017.

Relocation of 3 difficult villages in the reservoir area; Landscape architecture phase 2; Restoration and land reclamation of the total construction site of Ban Ve Hydropower Plant:

The Group has approved the contractor selection plan in Decision No. 206/QD-EVN dated December 1, 2016. Power Generation Corporation 1 has issued Document No. 35/EVNGENCO1-QLDT dated December 5, 2016 on the implementation of Decision No. 206/QD-EVN approving the construction plan. Currently, the Hydropower Project Management Board 2 is organizing the selection of contractors in accordance with regulations to implement the construction, expected to be completed before June 30, 2017.

Ban Ve Hydropower Plant carries out flood discharge process.

Construction settlement work:

Completed the settlement and audit of phase I, phase II and phase III, which were reviewed and approved by the Group with a total value of VND 6,642 billion/VND 7,593 billion (total investment value excluding contingency costs) - reaching 87.5%.

In 2017, the company strives to achieve electricity output:

Power output plan (terminal): 97.9 million kWh. Of which:

- Planned electricity output (at busbar): 771.1 million kWh.

- Self-consumed electricity (1.13%): 8.8 million kWh.

On the occasion of the beginning of the New Year of the Rooster 2017, the company would like to thank the regular and timely guidance of Vietnam Electricity Group, Power Generation Corporation 1, the attention and support of Nghe An provincial authorities; and commend the efforts of all officers, employees and workers of the company who have contributed to the success of the company in the past year.

PV