Last night, in Hanoi, Vietnam Electronics and Informatics Corporation (VEIC), Norico International Cooperation Ltd (NORICO INTL) and Bac Ha Hydropower Joint Stock Company (BHHC) signed a contract to supply electro-mechanic equipment and technical services for Bac Ha hydropower project. The Permanent Deputy Minister of the Ministry of Industry and Trade Bui Xuan Khu attended the contract signing ceremony.
Started in February 24th, 2005, Bac Ha hydropower project which was invested by Bac Ha Hydropower Joint Stock Company has the designed capacity of 90 MW with two units constructed in Chay river in Coc Ly commune, Bac Ha district, Lao Cai province. This project belongs to the Power Development Plan of Vietnam in 2001 – 2010 – 2020.
The singing of this contract has a significant meaning both in terms of progress rate and the quality of the project.
According to the terms and conditions of the contract, the Incorporated Contractor, including Vietnam Electronics and Informatics Corporation (VEIC) and Norico International Cooperation Ltd (NORICO INTL) will provide Bac Ha hydropower projects with such categories as technological design; equipment design, manufacturing and experiments in factories; equipment installation devices; operation instructions; adjustment experiments; running test and maintenance. The value of the contract is about USD 20 million.
Theo: MOI