Bitexco powers up plants

Bitexco last week put into the operation of the Nho Que 3 hydroelectric plant and started construction on another facility in the mountainous Ha Giang province.

Located in Meo Vac district, the Nho Que 3 power plant has two turbine groups with a capacity of 110 megawatts and an annual output of about 500 million kWh, connected to the national power grid.

Bitexco chairman Vu Quang Hoi said the operation of Nho Que 3 hydropower plant was an important milestone in the company’s power plant investment field, as well as a strong foundation for the success of other power plants. Nho Que 3 was a part of power resource portfolio under national electricity development strategies during 2006-2015.

The company also started the construction on another hydroelectric plant Nho Que 2 at the same time. Located in Meo Vac district’s Can Chu Phin and Xin Cai communes, the Nho Que 2, with two turbine groups and a design capacity of 48MW was expected to generate 225 million kWh per year.

Expected to be finished in 2014, the Nho Que 2 will cost VND1.4 trillion ($67.2 million) to build, bringing Bitexco’s total power output to more than 600MW. The company has more than 10 power plants in its portfolio.

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