New Regulations on Inspection and Supervision of Irrigation Works

Hydraulic works are one of the projects with an important role in the lives and production activities of the people. Therefore, the inspection and supervision of the implementation of public service product provision is necessary to promote production and business activities.

The State has issued many regulations related to the above-mentioned issue, one of which is Circular 73/2018/TT-BTC guiding the use of financial resources in the management and exploitation of hydropower projects using state capital.

The inspection and supervision are stipulated in Circular 73 as follows:

  1. Annually, the owning authority shall carry out inspection and supervision and approve the situation of performing tasks of providing public utility services and the business operation status of units exploiting hydropower projects.

  2. For state-owned enterprises tasked with exploiting hydropower projects, this inspection and supervision will be conducted simultaneously with the supervision of state capital investment in the enterprise; financial supervision, performance evaluation, and disclosure of financial information of state-owned enterprises and enterprises with state capital according to **Decree 87/2015/ND-CP. Specifically:

- For hydropower project exploitation units under central management, the Ministry of Agriculture and Rural Development shall take the lead, in cooperation with the Ministry of Finance, in conducting the inspection and supervision;- For hydropower project exploitation units under local management, the Department of Agriculture and Rural Development shall take the lead, in cooperation with the Department of Finance and relevant agencies, in conducting the inspection and supervision.

Circular 73/2018/TT-BTC is effective from October 1, 2018, replacing Circular 11/2009/TT-BTC

- Thanh Lam -

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