German group pledges to fund wind power project in Soc Trang
The German Enercon Industries Corporation has pledged to arrange funding
and supply equipment for a wind power project in the Mekong Delta
province of Soc Trang.
The German Enercon Industries Corporation has pledged to arrange funding
and supply equipment for a wind power project in the Mekong Delta
province of Soc Trang.
The project, projected to cost 1 billion EUR and have a design capacity of 2,600MW, is part of the province’s wind power development plan.
The group made the commitment after making a fact-finding tour to the province to assess local wind power potential.
Experts of the German group said Soc Trang has favourable conditions to develop wind power, particularly the coastal area.
The province has outlined a master plan on wind power development until 2020 with a vision to 2030, under which the coastal Cu Lao Dung and Tran De districts and Vinh Chau commune are zoned for the purpose.
Total investment for projects under this plan is estimated at nearly 8,300 billion VND (390 million USD).
Chairman of the provincial People’s Committee Nguyen Trung Hieu said he will create all favourable conditions for investors to carry out their work.-VNA
The project, projected to cost 1 billion EUR and have a design capacity of 2,600MW, is part of the province’s wind power development plan.
The group made the commitment after making a fact-finding tour to the province to assess local wind power potential.
Experts of the German group said Soc Trang has favourable conditions to develop wind power, particularly the coastal area.
The province has outlined a master plan on wind power development until 2020 with a vision to 2030, under which the coastal Cu Lao Dung and Tran De districts and Vinh Chau commune are zoned for the purpose.
Total investment for projects under this plan is estimated at nearly 8,300 billion VND (390 million USD).
Chairman of the provincial People’s Committee Nguyen Trung Hieu said he will create all favourable conditions for investors to carry out their work.-VNA
You should also see
PM hosts Chairman of Russian Federal Bar Association
Prime Minister Pham Minh Chinh spoke highly of cooperation between the Russian Federal Bar Association (RFBA) and the Vietnam Lawyers’ Association (VLA) while receiving RFBA Chairman Sergey Stepashin, who is also former Prime Minister of Russia, in Hanoi on April 23.
See more
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
Business
Masan completes 250-million-USD investment deal with Bain Capital
Masan Group Corporation on April 23 announced that it has completed the mobilisation of 250 billion USD from Bain Capital, a leading global private investment firm with assets worth 180 billion USD under management.
Business
Capital shortage - headache for construction firms
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.
