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Ninh Thuan to have four new wind power plants by year-end

Four wind power projects are scheduled to be completed in the south central province of Ninh Thuan by the end of 2018, according to the provincial People’s Committee.
Ninh Thuan to have four new wind power plants by year-end ảnh 1A wind power farm in Ninh Thuan. (Photo: VNA)

Hanoi (VNA) – Four wind power projects are scheduled to becompleted in the south central province of Ninh Thuan by the end of 2018,according to the provincial People’s Committee.

They include the second phase of the DamNai wind power plant in Ninh Hai and Thuan Bac districts, 37.6MW Mui Dinh plantin Thuan Nam district, 105.75MW Trung Nam and 40.5MW Cong Hai plants in ThuanBac district.

The first phase of Dam Nai wind powerplant in Ninh Hai and Thuan Bac districts has become operational with firstturbines installed in Augustlast year. Covering an area of 9.6 hectares, theDam Nai wind power project has a total investment 80 million USD. Itsconstruction began in April 2017. 

The 40 MW project consists of 16 windturbines, supplied by Spain’s Gamesa and installed by Vietnam’s TSV Joint StockCompany and Singapore’s renewable developer The Blue Circle.

By the end of September, Ninh Thuan had 15 more solar power projectswith a total designed capacity of 1,100 MW. These projects will bring the totalnumber of the projects of this kind in the province to 29, with a combinedcapacity of over 1,938 MW.

Since the beginning of this year, construction has started on 16 projectswhich are expected to be finished before 2019.

Aiming to become the country’s renewable energy hub, the province ispromoting investment attraction and creating the best possible conditions forinvestors to accelerate the progress of renewable energy projects.

Accordingly, investors operating in renewable energy will beexempted from land rent during the implementation of projects and benefit fromcorporate income tax rate of 10 percent. The corporate income tax will beexempted in four years and cut by half in the nine following years.Additionally, their projects will also be exempted from tariffs on importedgoods. –VNA 
VNA
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