Thursday, 09/01/2014 16:33

TV4: Serepok 4A Hydropower Plant officially merges with the national grid


(03 January 2014) Power Engineering Consulting JSC No.4 announced the putting power into the national grid as follows:

Serepok 4A Hydropower Plant, which started construction in October 2010 with the design capacity of 64 MW, under Buon Don Hydropower JSC, officially generated commercial electricity.

Electricity Generating Unit No.01 was successfully tested on 25 December 2013 and put power into the national grid on 31 December 2013. Electricity Generating Unit No.01 is expected to generate electricity in mid Jan. 2014. As designed, after stable operation, the Plant will provide the clean energy source of about 300 million kWh to the national grid.

Buon Don Hydropower JSC has the charter capital of 335 billion dongs, in which Power Engineering Consulting JSC No.4 is the largest shareholder with 31% of the charter capital. Power Engineering Consulting JSC No.4 has paid up the contribution capital so far. Therefore, the profit of Power Engineering Consulting JSC No.4 will be a significant part from the dividend payment as from 2014.

We pledge the truthfulness of the above information and take full responsibility for that before the law.

HNX

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