Synopsis "VNECO HXIEC – Hoi Xuan Hydropower Plant 102 MW – Thanh Hoa - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Summary VNECO Hoi Xuan Investment & Electricity Construction Joint Stock Co. (VNECO HXIEC) is undertaking the construction of a hydroelectric power plant in Thanh Hoa, Vietnam.
The project involves the construction of a hydroelectric power plant with a power generation capacity of 102MW. It includes the construction of a 46.3m dam, a substation, a powerhouse, a feeder system, head and tailrace tunnels, the installation of three turbines, generators and transformers, and the laying of transmission lines.
Tohoku Electric Power Co., Inc. has been appointed as the study consultant, Andritz Hydro AG as the electro- and hydro-mechanical equipment supply contractor.
Song Da 4 Joint Stock Company has been appointed as the construction contractor.
In February 2008, the Ministry of Natural Resources and Environment (MONRE) approved the environmental impact assessment (EIA) of the project.
In March 2010, Tohoku Electric Power Co., Inc. submitted a feasibility study on the project.
On November 21, 2011, Chongqing Minmetal and Machinery Import and Export Co. Ltd. signed an engineering, procurement and construction (EPC) contract and civil works sub-contract.
On March 21, 2012, Chongqing Minmetal and Machinery Import and Export Co. Ltd. won a US$100 million contract.
An Environmental and Social Review Summary for the project was prepared by Multilateral Investment Guarantee Agency (MIGA) on August 24, 2015.
In January 2016, MIGA, the political risk insurance and credit enhancement arm of the World Bank Group, issued a US$239.7 million guarantee to a consortium of lenders led by Goldman Sachs and Bank of Tokyo-Mitsubishi.
Construction activities are underway.
Scope The project involves the construction of a hydro power plant with a power generation capacity of 102MW in Thanh Hoa, Vietnam.
The US$200 million project includes the following: 1. Construction of a 46.3m dam 2. Construction of a powerhouse 3. Construction of a substation 4. Construction of a feeder system 5. Construction of head and tail race tunnels 6. Installation of three turbines 7. Installation of generators and transformers 8. Laying of transmission lines
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