On December 26, information from the Department of Industry and Trade of Kon Tum province said that it had advised the Provincial People's Committee to propose the Ministry of Industry and Trade to submit to the Prime Minister for consideration and adjustment to delay the operation time for a series of hydropower projects.
Specifically, there is a medium hydropower project, Dak Mi 1, with a capacity of 84MW, expected to operate in 2024, which will be adjusted to the 2025-2026 period; 2/10 small hydropower projects such as Dak Mi 1A, Dak Psi hydropower with a total capacity of 15MW will operate in the 2026-2030 period.
9/14 small hydropower projects operating in 2025 were adjusted to operate in the 2026-2030 period.
For four other small-capacity hydropower projects, Kon Tum province proposed that the Ministry of Industry and Trade remove them from the planning due to their impact on natural forests and the risk of flooding and natural disasters.
According to statistics, Kon Tum province has 82 hydropower sites with approved planning, but only 32 projects have been completed and put into operation. There are 20 other projects that have not yet been approved for investment by competent authorities and 4 projects have been proposed to be removed from the planning.
According to Mr. Le Nhu Nhat - Director of the Department of Industry and Trade of Kon Tum province, hydropower projects in the province and inter-provincial projects with Gia Lai and Quang Ngai have contributed a huge amount to the province's budget over the years.
In 2020, it is 604,065 billion VND; in 2021, it is 898,846 billion VND; in 2022, it is 1,221,682 billion VND; in 2023, it is 1,206,745 billion VND; in 2024, it is estimated at 1,058,745 billion VND.