Dong Nai Hydropower Company Significantly Contributes to Ensure Power Supply for the South

That is confirmed by the Vice President of Vietnam Electricity (EVN) Ngo Son Hai in the fifth anniversary of the foundation day of the Dong Nai Hydropower company and receipt of Certificate of Award given by the Prime Minister taking place on 26 Feb 2016 in Lam Dong.

In the celebration, the Dong Nai Hydropower company director Pham Van Cuc said: Over 5 years of foundation and operation, the company has been developed and matured. In 2011, the company produced 256.7 million kWh and had the revenue of VND 314 billion. By the year 2015, the company produced an energy of 1.558 billion kWh and had VND 2,018 billion in revenue.  

The total output of electricity production in the five years reached 6.8 billion kWh, revenues reached more than VND 8,700 billion, of which the contribution for the State budget of Lam Dong and Dak Nong provinces was VND 1,017 billion including tax and fees.

The individuals and units received the Certificates of Award given by  the Prime Minister -  Photo: Ngoc Tho

During the last time, the company has well performed the cost savings, reduction of production costs, increase of competition when participating in the electricity market, prepared and submitted for approval cost plan in a timely manner and in conformity with the regulations of EVNGENCO1, ensured enough capital to serve the production of electricity, major repair and procurement from the investment and development fund.  

About the management of the operation, during the last time, there was no faults due to subjective reasons. The availability factor of all the generating units reached over 92%, higher than the regulations. In 2015, based on the data of the metering system, the auxiliary consumption was 0.73 which is lower than the plan of 0.97.

According to Mr. Cuc, after given the planned cost optimization, during two years 2014-2015, the company completed and exceeded the targets of cost optimization assigned by Power Generation Corporation No 1.

"In 2016, the company plan to perform the calibration and testing to put from 4 to 6 new hydropower plants into operation; build the reputation in the field of electrical equipment repair, the field which are undertaken an   increasingly competition " Mr. Cuc informed.

Reservoir and Dam of the Dong Nai 4 Hydropower plant -Photo HPC DONGNAI

Speaking at the celebration, EVN Vice President Ngo Hai Son stressed: 5-year time is not long, but Dong Nai hydropower company has achieved encouraging results; consolidated its organization; significantly contributed ensuring the power supply for the South. In the coming years, the demand for electricity in the South continues rising, Dong Nai hydropower company keeps playing an important role in ensuring electricity for the South and maintaining national energy security.

On this occasion, the Dong Nai hydropower company was honored to receive the Certificate of Award given by the Prime Minister. The director of the company was given the Third class Labor Medal by the President Truong Tan Sang for the outstanding achievements in construction, management, operation of the Dong Nai 3 & Dong Nai 4 hydropower plants.

Results of business-production of

Dong Nai Hydropower Company in 2011-2015

STT

Target

Unit

2011

  2012

2013

2014

2015

1

Energy produced

million kWh

256.7

1,458.4

1,669.6

1,893.1

1,558.6

2

Total revenue

VND Billion

314.8

1,886.3

2,107.5

2,396.2

2,055.6

3

Contribution to State budget

VND

Billion

24.4

175.4

218.8

320.2

278.24

 

Natural  resources tax

VND Billion

5.23

39.0

48.4

110.6

99.39

 

VAT

VND Billion

13.7

106

135.4

169.1

143.24

 

Environmental services fee

VND Billion

5.1

29.0

33.0

37.5

31.02

 

Taxes, other charges

VND Billion

0.3

1.4

2.0

3.0

4.59


  • 28/02/2016 01:54