Big wind power project gets nod

Authorities of the central province of Ninh Thuan have approved in principle a project by Trung Nam Investment and Construction Joint Stock Co to develop a wind power project with designed capacity of 200MW.

The project will be carried out on the total area of 900 hectares encompassing two villages of Loi Hai and Bac Phong in Thuan Bac District. It will require total investment of $500 million.

In a letter of commitment sent to the provincial government, the company also pledges to carry out another project manufacturing technical equipments to supply local wind power plants once its 200- MW wind power project is completed.

Vietnam has attached importance to renewable energy. In its strategic plan for renewable energy development, the country targets renewable energy to account for 5 percent of the total power output by 2020 and up to 11 percent by 2050. The rate of renewable energy currently accounts for some 3 percent. – Saigon Times

Tags: Vietnam energy, Vietnam wind power project

Posted by VBN on Sep 30 2010. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry