Song Da 9 board approves hydropower plant maintenance contract
Song Da 9 Joint Stock Company has announced the approval of a contract for emergency repair and maintenance work on Turbine H2 at the Pake Hydropower Plant. The Board of Directors' resolution, dated July 17, 2025, details the agreement with Nam Mu Hydropower Joint Stock Company. The total contract value is VND 357,059,448, inclusive of 8% VAT.
The scope of work involves addressing malfunctions and repairing Turbine H2. The project will be carried out at the Pake Hydropower Plant, located in Si Ma Cai district, Lao Cai province. The execution period is set for 25 days, commencing from the date all equipment is handed over. Payment terms stipulate that 100% of the total contract value will be paid within 20 days following the comprehensive acceptance and submission of all necessary payment documents.
The warranty period for all completed work is six months from the date of the handover and operational acceptance report. Any replacement equipment will be covered by a manufacturer's warranty for a minimum of 12 months. tran the quang, chairman of the board, signed the resolution, instructing the general director and other relevant departments to oversee the implementation in compliance with current regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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