1. Announcement of asset auction.
The National Partnership Auction Company (NPAC) announces the asset auction as follows:
1. Auction asset:
a. Asset name: Song Bung 5 hydropower plant.
b. Project name: Song Bung 5 hydropower project.
c. Project size and capacity:
- Scale of the project: level 11.
- Machinery capacity: 2x28.5MW.
- Annual capacity: 187.06 million kWh.
- Land use area: 257.02 ha.
2. Place of auctioned asset: Ma Cooih commune, Dong Giang district and Thanh My town, Nam Giang district, Quang Nam province. 1*7'
3. Legal documents on ownership and use rights for auctioned assets: Details are attached to the bidding documents.
4. Starting price of auctioned assets: VND 1,351,700,000,000 (In words: One thousand, three hundred and fifty-one billion, seven hundred million Vietnam Dong), determined on the basis of:
a. Valuation Certificate No. 154/CTTGG/AVA-NV2 dated 31 March 2021 of Vietnam Auditing and Valuation Co., Ltd;
b. Resolution No. 01/2021/NQ-TVD1-ĐHDCD dated 29 April 2021 of the Annual General Meeting of Shareholders of Power Construction Consulting Joint Stock Company No.1 approving the auction starting price and the asset sale plan of Song Bung 5 Hydropower Plant.
The starting price of the auctioned asset does not include value-added tax, premature repayment fee (in case of settlement of a credit loan with a bank) and other taxes, fees, charges and expenses related to the auction. related to the transfer of the right to exploit assets, the right to own assets in accordance with the provisions of law.
In the case that the action winner inherits the Credit Loan Contract of Song Bung 5 Hydropower Plant: The winner shall satisfy the conditions for inheriting debts following the Bank's regulations and be responsible for the inheritance of all rights, obligations and responsibilities as specified in the Credit Loan Agreement No. 01/2009/SB5-HDTD dated 14 August 2009 and the attached appendices of the Contract.
In case the auction winner does not inherit the Credit Loan Contract of Song Bung 5 Hydropower Plant: Power Construction Consulting Joint Stock Company 1 will make the settlement of the Contract with the Bank and the auction winner shall be obliged to pay the premature repayment fee arising at the time of settlement with the rate specified in the credit loan contract.
The value of the transfer contract of Song Bung 5 Hydropower Plant will include the auction winning price plus value-added tax as prescribed by law.
The auction winner cooperates with Power Construction Consulting Joint Stock Company 1 to carry out procedures for transferring the right to exploit the asset and the right to own the auctioned asset. Premature repayment fee (if any), taxes, fees, charges... related to the transfer of the right to exploit the asset, the ownership of the asset shall be borne by the auction winner.
Debts receivable and payable to contractors performing the construction of Song Bung 5 hydropower plant are taken up by Power Construction Consulting Joint Stock Company 1.
5. Advance amount: VND 700,000,000,000/01 auction document (In words: Seven hundred billion Vietnam Dong/auction file)
6. Charge to buy auction documents: VND 500,000/01 auction document (In words: Five hundred thousand Vietnam Dong/01 auction document).
7. Auction form and method: Auction to be conducted by direct voting by up-bid method.
8. People with valuable assets: Power Construction Consulting Joint Stock Company 1 (PCC1), address: Km 9+200 Nguyen Trai street, Thanh Xuan Nam ward, Thanh Xuan district, Hanoi city.
9. Asset auction organization: National Partnership Auction Company, address: No. 71 lane, 125 Tan Xuan street, Living Group of Tan Xuan 1, Xuan Dinh Ward, Bac Tu Liem district, Hanoi city.
Specific asset auction plan:
- Time, place, conditions, method of purchase and submission of the auction document:
+ Buy auction participation documents: Auction participants who are eligible under the Law on Asset Auction and relevant regulations of law, buy auction documents from 17 May 2021 to before 5:00 p.m. on 11 June 2021 (during office hours on working days: from 8:30 a.m. to 11:30 a.m.; from 1:00 p.m. to 5:00 p.m.) at the head office of National Partnership Auction Company, address: No. 71, lane 125 Tan Xuan street, Living group of Tan Xuan 1, Xuan Dinh Ward, Bac Tu Liem district, Hanoi. Contact phone number: 0243.12121723 - 0916.428728.
+ Submission of auction documents: Auction participants submit their documents to participate in the auction from 17 May 2021 to before 5:00 p.m. on 11 June 2021 (during office hours on working days: From 8:30 a.m. to 11:30 a.m., from 1:00 p.m. to 7:00 p.m.) at the headquarters of Power Construction Consulting Joint Stock Company 1, address: Km 9+200, Nguyen Trai street, ward Thanh Xuan Nam, Thanh Xuan district, Hanoi city (contact Mr. Dang Huu Minh Tuan, Department of Planning and Marketing, phone number: 0915.026456).
- Time and place to check auctioned assets: From 17 May 2021 to before 17:00 on 11 June 2021. The checking of auctioned assets is done by checking documents on ownership and right to use the auctioned assets at the headquarters of PCC1, address: Km 9+200 St. Nguyen Trai, Thanh Xuan Nam ward, Thanh Xuan district, Hanoi city (during office hours on working days: Morning from 8:30 a.m. to 11:30 a.m. , afternoon from 1:00 p.m. to 5:00 p.m.). Auction participants check the auctioned assets on the field at the place where the auctioned assets are located, if necessary (during office hours on working days: Morning from 8:30 a.m. to 11:30 a.m., afternoon from 13:30 p.m. hours 00 minutes black 17 hours 00 minutes).
- Time to pay deposit/guarantee deposit: Within 03 working days before the auction opening date: 9 June 2021, 10 June 2021, 11 June 2021 (but must ensure that the deposit is made into the account of NPAC before 3:30 pm on 11 June 2021 or the original deposit guarantee shall be paid directly at the headquarters of NPAC before 3:30 p.m. on 11 June 2021.
+ Deposit to account number: 42710006399399 at Joint Stock Commercial Bank for Investment and Development of Vietnam - Quang Minh Branch.
+ Account name: National Partnership Auction Company.
+ Contents of deposit payment: P7 participating in {Limited Company A pays a deposit to participate in the auction of NMTDSB5 of Power Construction Consulting Joint Stock Company 1}.
- Time and place of auction: 09:00 on 14 June 2021 at Super Candle Hotel, address: 287-301 Doi Can, Cong Vi Ward, Ba Dinh district, Hanoi city./.
2. Regulations of the auction. View and download.
3. Announcement of information on auction of Song Bung 5 Power Plan. View and download