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C47 > Articles by: admin_c47

23/06/2021 by

Launching emulation to complete Da Nhim Hydropower Plant Expansion Project in August 2021

On June 16, 2021, the Board of Directors of Da Nhim – Ham Thuan – Da Mi Hydropower Joint Stock Company issued Resolution No. 102/NQ-HĐQT approving rewards for individuals and collectives with outstanding performances in the emulation phase to complete the Da Nhim Hydropower Plant Expansion Project.

The emulation campaign at the construction site

The Company divides the campaign into two major stages:

+ First stage: Completing the construction, installation, experimentation, inspection and water filling of headrace tunnel by July 26, 2021.

+ Second stage: Finishing the inspection of the H5 machine unit with design capacity of 80 megawatt during 72 hours.

Construction Joint Stock Company 47 attempts to operate the headrace tunnel on 26 July 2021

In response to emulation campaign by DHD Hydropower Joint Stock Company, Employees, Consultants and the Contractor (CC47) wholeheartedly follow the construction progress as planned.

Mr. Hashiguchi – Project Manager of the NK-PECC3-NKV Consulting Consortium stated that: “Currently, the drilling work has not achieved the desired progress, but in the coming days CC47 Contractor will mobilize additional manpower, equipment for drilling and cleaning of tunnels so the milestones are all feasible to achieve”. The Consultant also noted that the Contractor should strictly implement safety work in the remaining construction days to ensure the completion of the project on schedule.

Mr. Tran Van Luyen – Representative of PECC3, a member of the NK-PECC3-NKV Consulting consortium said: “Currently, the drilling work in the scale of 50 meters, where there was a previous collapse, was rather slow. The construction progress is expected to speed up after finishing this area and it is totally feasible to implement the tunnel water filling on 26th of July”

The concrete, grouting and reinforcement works are accelerating

On the side of Contractor CC47, Mr. Nguyen Trung Tinh – Site commander expressed his high determination: “Before the Investor launched the emulation movement, the site’s Steering Committee had an internal meeting to review the progress and unanimously agree to finish tunnel water filling before July 26, 2021. The most stressful job is drilling and reinforcing 547m upstream. In order to accelerate the completion of the above goal, we will mobilize 2 more drilling and injector reinforcement teams for both tunnel ends this week. Until July 5, 2021, after the drilling work in the downstream direction ends, we will mobilize resources for upstream and divide into 3 grouting teams. The first team will continue to perform 180 meters at the upstream area with bad geology by TBM and blast drilling method. The second team conducts the concrete reinforcement for 244 meters from downstream to upstream. The third team is responsible for 123 meters from upstream. These construction teams work in 3 shifts. With such manpower arrangement, I totally believe that the tunnel water filling schedule will be reached on July 26, 2021.”

Regarding the 72-hour challenging operation of the H5 unit with a capacity of 80MW, due to the outbreak of COVID-19 in India, the DHD Hydropower Joint Stock Company requested the Contractor to provide remote guidance to meet the progress of the commercial operation of unit H5 in August 2021. The direction is approved at the meeting held by Leaders of Power Generation Corporation 1 on June 9, 2021.

Source: https://dhd.com.vn

Filed Under: News

16/06/2021 by

Construction Joint Stock Company 47: Accelerate the construction progress to complete the Dong Mit reservoir by this year

In the extreme weather of summer, hundreds of workers of Construction Joint Stock Company 47 at Dong Mit construction site still work diligently in order to complete the project by this year.

Commitment to progress and quality

Mr. Doan Van Luyen, Deputy Head of the Irrigation Construction and Investment Management Board 7.5 (Irrigation Construction and Investment Management Board 7) cum Supervisor of the Dong Mit reservoir irrigation project stated that the current progress of Dong Mit reservoir, which is located in An Trung highland commune in An Lao district (Binh Dinh), is being accelerated to be completed by the end of this year.

“Only upper part of the construction needs to be constructed, therefore it is very convenient to speed up the progress. Currently, Construction Joint Stock Company 47 (Contractor) is focusing on completing the roller compacted concrete dam with the remaining volume of 34,000 blocks and about 20,000 blocks of normal concrete. As for the spillway, the concrete work of the spillway surface has basically completed and the spillway piers are expected to be finished in July ready for mechanical installation”, said Mr. Luyen.

It is also stated that the labor resources are not affected during the Covid-19 pandemic because the Company attempt to utilize the local work force in Binh Dinh to assure the laborers’ safety and health. This is regarded as an advantage for the company to shorten the construction progress. “Construction Joint Stock Company 47 has extensive experience in building large irrigation projects using roller compacted concrete technology such as Dinh Binh and Nuoc Trong reservoirs and has just completed the Tan My irrigation system project in Ninh Thuan province”.

Mr. Duong Minh Quang – General Director of Construction Joint Stock Company 47

According to Mr. Nguyen Xuan Can, Deputy Director of Construction Joint Stock Company 47, the Contractor has executed 75% of work items, and Dong Mit Reservoir is expected to be completed on main items before the main flood. CC47 has partly completed main items and currently conducts the remaining aesthetic adjustments of Ninh Thuan-based Tan My Irrigation system project. This enables the Contractor to mobilize the human and equipment resources for Dong Mit Reservoir, there are 300 employees in total including both internal and external work force.

“We are working 24 hours out of 24 hours with 3 shifts. Because the remaining work volumes are conducted on high altitudes, the construction condition is getting more difficult, which leads to slower daily construction progress. We had to take advantage every single minute to catch up the schedule. According to the plan, the project shall be handed over by December 2021” said Mr. Duong Minh Quang – General Director of Construction Joint Stock Company 47.

Present on the construction site of Dong Mit reservoir, we witnessed the excitement day and night of the construction unit. “Construction process of Dong Mit Reservoir takes place in the hottest summer with extreme conditions. However, in order to assure the concrete quality, concrete pouring shall be conducted under the right temperature. Therefore, we only organize the pouring of concrete at night while iron and steel preparation and formwork installation during the day.

“Pouring concrete at night not only provides the best quality but also protects the employees’ health. There is not any wind at the construction site with average temperature of 36-37 degree Celsius, which might result in low working efficiency. The Contractor has organized 3 working shifts so the working efficiency increases” said Mr. Nguyen Xuan Can – Deputy General Director of Construction Joint Stock Company 47.

Dong Mit Reservoir with 75% of completed work items

Organise construction and prevention of Covid-19 epidemic at the same time

“Currently, we encounter many difficulties in the crunch time to complete the project by the end of the year, when the Covid-19 epidemic breaks out in the 4th time with a more dangerous spread than the previous ones. However, a lot of the main materials for the construction of the project still need to be obtained from the provinces of Thua Thien-Hue, Da Nang and Quang Nam” said Mr. Duong Minh Quang – General Director of Construction Joint Stock Company 47.

Therefore, the time to import materials to the construction site is later than in the past because personnel must comply with the quarantine and medical declaration stages. “During the current Covid-19 epidemic, we together with the investor establish checkpoints at the construction site to prevent and control the Covid-19 epidemic” said Mr. Duong Minh Quang, General Director of Construction Joint Stock Company 47.

According to Mr. Duong Minh Quang, the prevention of Covid-19 epidemic at the construction site of Dong Mit Reservoir is being implemented very closely by the construction unit and the investor. A Steering Committee for Covid-19 Prevention and Control has been established at the construction site, which regularly urges and reminds workers to comply with regulations in epidemic prevention and control under the guidance of the Ministry of Health.

“Employees are regularly reminded to wear masks and disinfect their hands from time to time. An Lao District People’s Committee also regularly visits the construction site to inspect and direct the prevention of Covid-19. Recently, the Health Department went to the construction site to take samples to test each unit of a number of personnel to assess the situation of the Covid-19 epidemic at the construction site. Last week, the Board of Management approved the policy submitted by the Board of General Directors to vaccinate all employees against COVID-19 in the near future” said Mr. Duong Minh Quang.

The equipment has been delivered to Dong Mit construction site

“The district regularly follows and directs Construction Joint Stock Company 47 and Irrigation Management Board 7 to strictly implement the prevention and control of Covid-19. We command the construction unit of Dong Mit reservoir to comply with the regular declaration of the number of workers working at the construction site, especially additional workers from other localities. Moreover, it is necessary to organize a working environment for the prevention of the Covid-19 epidemic in accordance with the guidance of the Ministry of Health, and at the same time, if there is any suspected case, it must be reported urgently to the local authorities” said Do Tung Lam, Vice Chairman of An Lao District People’s Committee.

“Construction 47 Joint Stock Company is a unit capable of executing roller compacted concrete, this unit has constructed large projects such as Dinh Binh reservoir, Van Phong and Nuoc Trong weirs and recently the Tan My irrigation system, therefore, we believe that Dong Mit reservoir project will also achieve the expected quality. Especially, the workforce of Construction Joint Stock Company 47 is very professional so it ensures both construction progress and quality,” said Mr. Doan Van Luyen.

Source: https://nongnghiep.vn

Filed Under: News

29/05/2021 by

C47: There is no risk when the price of supplies and materials spikes

  • Leaders of C47 make a statement that there is no risk when prices spike because construction contracts are adjusted according to regulations.
  • C47 is constructing a Main Dam under Tan My Irrigation Project (1,740 billion VND), Dong Mit Main Dam (1,035 billion VND), Hoa Binh Expanded Hydropower Plant (916 billion VND), Da Nhim Hydropower Plant Extension (713 billion VND).
Nuoc Trong Reservoir was recognized with the Top quality Construction Works Award in 2017 and Vietnam Golden Rice Award in 2018

Construction Joint Stock Company 47 (HoSE: C47) has just announced information on the impact of material and fuel price fluctuations on production and business. Accordingly, the company is not at risk when the price of basic materials increases, especially the price of construction steel, oil price, and logistics service fee affecting input costs.

Mr. Duong Minh Quang, General Director explained that all the winning C47 contracts have a long construction period, which are projects invested by the Ministry of Agriculture and Rural Development, and Electricity of Vietnam (EVN). All these contracts are subject to price adjustment according to regulations. Specifically, C47 is constructing irrigation works, Tan My Main Dam (1,740 billion VND), Dong Mit Main Dam (1,035 billion VND), Hoa Binh Hydropower Plant Expansion (916 billion VND), Da Nhim Hydropower Plant Expansion (713 billion VND).

Bid package No. 20 Main dam and Auxiliary dam of Tan My irrigation system (Tan My main dam – Ninh Thuan), package number 05-XL of Dong Mit reservoir (Dong Mit main dam – Binh Dinh) are adjusted by price direct compensation when there are fluctuations in the prices of raw materials, labor, and when the State changes policies and regimes.

Package DNE 12.1 for construction of expanded Da Nhim Hydropower Project (Ninh Thuan) is adjusted for labor, fuel, cement, steel and other materials according to Lam Dong’s price index and Ninh Thuan.

Package No. 1XL-HB Construction and installation of the expanded Hoa Binh hydropower project is adjusted in price when the government changes regulations on VAT. In case the prices of supplies, materials and fuel increase abnormally, they shall be adjusted when the competent authorities permit.

Mr. Duong Minh Quang reaffirmed CC47’s ongoing construction contracts with reputable investors, arranged adequate capital, allowed to adjust prices when the government changed policies, when there were fluctuations in money. wages, materials and fuel prices, so there is no risk due to sudden price spikes. On the other hand, in order to encourage economic development during the pandemic, the State is now increasing public investment and accelerating the implementation of key projects on hydropower, irrigation and other infrastructure. This is also the opportunity and strength of C47 to participate in bidding for projects in the near future.

C47 has constructed many projects such as Dinh Binh reservoir – Binh Dinh province (850 billion VND), Nuoc Trong reservoir – Quang Ngai province (1,052 billion VND), Dong Nai 4 hydropower plant – Dak Nong province (2,600 billion VND), Thuong Kontum hydropower plant – Kon Tum province (1,700 billion VND), Trung Son hydropower plant – Thanh Hoa province (2,959 billion VND). In addition, the company is expanding business into other fields: Hai Au Hotel (4 stars), Hai Au Bien Cuong – Binh Dinh (3 stars), Domestic and international travel, Labor export.

The statement was made in the context of strong fluctuations in materials market, especially steel prices. According to the Vietnam Steel Association (VSA), right after the New Year, the domestic price of finished steel products has increased by an average of 20% compared to the end of last year and about 40-45% higher than the same period in 2019– 2020, the highest price range in the past 5 years.

The price of steel skyrocketed, causing the Vietnam Construction Contractors Association to express that all construction contractors faced difficulties, there was no way to solve them because non-state-owned investors mostly used fixed unit price contract not adjusted at the time of signing (except in case of force majeure).

Filed Under: News, News & Events

29/05/2021 by

C47: NOTICE OF THE IMPACTS OF PRICE FLUCTUATION IN MATERIALS, FUEL ON THE PRODUCTION AND BUSINESS RESULTS

Firstly, on behalf of the entire leaders and employees of CC47, I would like to express my thank for our shareholders for trusting and accompanying us during the past time, wish you health, happiness, success, and hope you keep supporting and accompanying with us in the long run.

Dear shareholders, CC47 is one of the leading enterprises in the construction industry, the Company has been highly appreciated by the Government, Ministries and investors and assigned to execute many large projects in the country. Typical projects could be mentioned such as: Dinh Binh Reservoir in 2008 (850 billion), Van Phong Dam in Binh Dinh Province in 2015 (384 billion), Nuoc Trong Reservoir in Quang Ngai Province in 2017 (1,052 billion), Ta Ruc Reservoir in Khanh Hoa Province in 2017 (242 billion), Phuoc Hoa Water Canal in Binh Duong Province in 2011 (336 billion), …Hydropower projects such as Dong Nai 4 Hydropower Plant in Dak Nong Province in 2012 (2,600 billion), Trung Son Hydropower Plant in Thanh Hoa Province in 2017 (2,959 billion), Thuong Kontum Hydropower Plant in Kontum Province in 2020 (1,700 billion), and many other irrigation and hydroelectric projects domestically. The works the company has constructed have been highly appreciated by the Ministry and Industry for their quality and progress and won many quality awards from the State and the Industry.

Nuoc Trong Reservoir was recognized with the Top quality Construction Works Award in 2017 and Vietnam Golden Rice Award in 2018

CC47 was awarded the First-class Labor Medal by the Party and State in 1997, the Second-class Independence Medal in 2011, and conferred the title of Labor Hero in the renovation period in 2000….

In addition, the Company is operating in the fields of Restaurants, Hai Au Hotels (4 stars) and Hai Au Bien Cuong Hotel (3 stars), Domestic and International travel, Labor export…

Currently, CC47 is constructing irrigation works for Tan My Main Dam (1,740 billion), Dong Mit Main Dam (1,035 billion), Hoa Binh Hydropower Expansion (916 billion), Da Nhim Hydropower Plant Expansion (713 billion).

RCC Dam – Dong Mit Reservoir (An Lao Commune, Binh Dinh Province)

Recently, due to the impact of the Covid-19 pandemic, which led to economic decline, production stagnation, interruption in logistics services. To encourage economic development, the governments of the countries implemented easy fiscal and monetary policies and especially increased public investment in infrastructure. On the other hand, in recent times, due to the Chinese government’s restriction on old-fashioned steel mills, the price of steel billets has increased, and at the same time, there is a shortage of steel ingots for domestic factories.

Due to the delay in supply chain, abovementioned easy monetary and fiscal policies, a great demand of construction in other countries, as well as the restraints from Chinese Government, the material prices suffered a huge rise, particularly prices of steel, oil, bidding, logistics services which strongly affect input costs of Contractors including CC47.

However, the current projects which were successfully procured and in charge of by CC47 are executed in the long time and invested by Ministry of Agriculture and Rural Development, Vietnam Electricity. All contracts under construction are subject to price adjustment, specifically as follows:

– Package 20 Main dam and Sub-dam of Tan My Irrigation System, Package No. 05-XL Dong Mit Reservoir are adjusted by the method of direct compensation when there are fluctuations in the price of raw materials, labor, and when the State changes policy regimes.

– Package DNE 12.1 Construction work – Da Nhim Hydropower Extension Project is adjusted for the cost of labor, fuel, cement, iron and steel and other materials according to the price indexes of Lam Dong and Ninh Thuan.

– Package No. 1XL-HB Construction and installation of the expanded Hoa Binh hydroelectricity project is subject to price adjustment when the government changes regulations on VAT; In case the prices of supplies, materials and fuels increase abnormally, they shall be adjusted when permitted by the competent authorities.

Thus, CC47’s construction contracts with reputable investors, adequate capital arrangements, are allowed to adjust prices when the government changes policies, and when there are fluctuations in wages, material prices, etc, therefore, there is no risk due to sudden price spikes.

On the other hand, to encourage economic development during the pandemic, the State is currently increasing public investment, accelerating the implementation of key projects in hydropower, irrigation and other infrastructure, this is also an opportunity and the strength of CC47 to participate in bidding for projects in the coming time.

CC47 would like to inform shareholders of the aforementioned information and look forward for your continuous attention, support and company in the long run.

Yours faithfully./.

 

GENERAL DIRECTOR

(signed)

Duong Minh Quang

*/ View or Download: Here

Filed Under: News

24/05/2021 by

Wind power sector attractive to investors, construction firms

Trung Nam Group finished and operated a152 MW wind farm in Ninh Thuận Province in April, 2021. It is so far the largest in Việt Nam, where many other wind farms are being built and planned. — Photo courtesy of Trung Nam Group

HÀ NỘI — With an increasing demand for electricity in Việt Nam, the wind power construction sector has flourished, with local and foreign firms getting in on the action.

A top executive at Coteccons, one of the biggest realty firms in Việt Nam, told media the firm may invest in wind power construction due to the opportunities on offer.

Coteccons’ deputy general director Phan Hữu Duy Quốc said: “We are associated with a large consulting enterprise in the power industry to participate in the bidding as an EPC general contractor of wind power projects,” adding, “In the future, we may consider investing in the field.”

Similar to Coteccons, realty firm Phát Đạt is considering investing in wind power while construction firm Licogi 16 is awaiting Government approval to implement four wind power projects in Gia Lai and Quảng Trị provinces with its Japanese and German partners.

Licogi 16 said it was studying some offshore wind power projects for potential future investment.

The firm Power Construction 1 plans to finish three wind power projects of Liên Lập, Phong Huy and Phong Nguyên in Quảng Trị Province before October 31 as it continues to survey, research and develop new projects in other areas.

With its experience from the construction of large hydroelectric and irrigation projects, the firm Construction 47 also plans to expand its work into wind power in the near future while the SCI E&C Company will execute the wind power projects Hướng Phùng 2&3, Gelex 1,2,3 and Hướng Linh 7&8 in Quảng Trị Province.

Known as the leading foundation engineering and underground construction company in Việt Nam, FECON Corporation is also building six wind power plants across the country.

Quốc from Coteccons told local media: “The profit margin for civil construction is approximately 5 per cent, while infrastructure and wind power construction can make a higher profit.”

According to a report from Vietnam Electricity (EVN), as of March 22, there were about 4.4GW of wind power projects under construction while a remaining 6.2GW would be developed in 2022-2025, based on the draft Power Master Plan 8.

Lots of foreign investors have also been reported to be mulling an investment in Vietnamese wind power.

Less than a month after Trung Nam Group inaugurated the largest wind farm of Việt Nam in Ninh Thuan, Hitachi SE’s renewable energy business expanded its market to Việt Nam by signing a strategic co-operation agreement with the group, buying more than 35 per cent of the stake in the wind farm on May 14.

Seeing Trung Nam Group‘s 151.95 MW wind farm worth VNĐ4 trillion (US$172.4 million) with an estimated output of 432,000,000 kWh per year, as a quality, long-term and effective project, the Japanese investor bought in as a way to further implement renewable energy projects in Việt Nam.

This month, the Central Highlands province of Đắk Lắk granted in-principle investment approval to six foreign-funded wind power projects worth more than VNĐ10.08 trillion while the People’s Committee of Hậu Giang Province did the same thing for a VNĐ3.2 trillion wind power plant project from Hong Kong’s Envision Energy Company.

According to SSI Research, assuming electricity consumption growth of about 7.6 to 8 per cent in 2022-2025, there was still room to deploy a wind power project with a capacity of 6.2GW.

According to the World Bank’s assessment, Việt Nam is the country with the largest wind power development potential of Laos, Thailand, Cambodia and Việt Nam, with more than 39 per cent of Việt Nam’s total area estimated to have an average annual wind speed per year greater than 6m per second at an altitude of 65m, equivalent to a capacity of 512 GW. — VNS.

Nguồn: https://vietnamnews.vn

Filed Under: News

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