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According to Mr. Bui Phuong Nam, Director of Power Project Management Unit 1 (representative of the investor), said that the package 1XL-HB: Construction and installation of the expanded Hoa Binh Hydroelectricity project is valued at over VND 3,200 billion, time period. done for 44 months. This is a special grade project, of great significance, which, upon completion, will increase the capacity to mobilize capacity for loads in the North, especially during peak hours. At the same time, the project also contributes to improving the working mode of the power system, reducing the system's production costs, improving flood resistance and water supply for the downstream area of Da River.
This is a work of profound socio-economic significance, the scale and workload of the package is very large, requiring very urgent progress. Moreover, many items of the project will have to be constructed in difficult and complicated conditions, requiring high techniques and technology. The project must both be constructed and ensure the safety of the hydroelectricity being exploited and neighboring works. However, with our capacity and experience, we will definitely complete the project on schedule and ensure the quality according to the signed contract. Notably, before being assigned the package 1XL-HB ( construction and installation of Hoa Binh Expanded Hydropower Plant), LILAMA10 Joint Stock Company has been in charge of executing many key domestic and international projects, including: Hoa Binh Hydropower, Son La Hydropower, and Hydroelectricity. Lai Chau, Huoi Quang, Ban Chat, Thuong Kon Tum, Nam Ngum, Nam Theun 1 (Laos), Sendje (equatorial Guinea), Nghi Son 2 thermal power, Song Hau 1 Thermal Power Plant, Long Son Refinery and Petrochemical, Lao Cai Copper Refining, ... It is known that the Hoa Binh Hydropower Plant expansion project has a total investment of about 9,220 billion VND, of which EVN arranges about 30 on its own. % and the remaining 70% are commercial loans without government guarantee. This is considered the largest project of the power industry in the list of projects to start construction in 2020.

Some pictures of the contract signing ceremony

According to the Joint Venture Contract, LILAMA10 Joint Stock Company undertakes the following works:

Installing Hydraulic Mechanical and Hydraulic Mechanical Equipment: Worth 537 billion VND

Construction time: 44 months

Package name: 1XL-HB

Project name: Hoa Binh Hydropower Plant Expansion