Business

Tra Vinh approves investment policy for five more wind power projects

The Tra Vinh provincial People’s Committee has given the green light to the investment policy for five wind power projects, for an investment total of over 13.8 trillion VND.

An existing wind power project in Tra Vinh province. (Photo: VNA)
An existing wind power project in Tra Vinh province. (Photo: VNA)

Tra Vinh (VNS/VNA) - The People’s Committee of the southern coastal province of Tra Vinh has approved the investment policy for five wind power plant projects with a total investment of over 13.8 trillion VND (540 million USD).

The projects include Phase 2 of Wind Power Plants V1-5 and V1-6, located in Hiep Thanh commune, Duyen Hai town, which will have a capacity of 80 MW and an investment of 3.8 trillion VND.

Also, the expansion of Wind Power Plant V1-2, located in Truong Long Hoa commune, Duyen Hai town, with a capacity of 48 MW and an investment of 2.39 trillion VND.

Phase 2 of Wind Power Plant V1-3 is also in Truong Long Hoa commune. This project has a capacity of 48 MW and an investment of 2.25 trillion VND.

Dong Hai 3 Wind Power Plant (V3-3 site) is located in Dong Hai commune, Duyen Hai district. It has a capacity of 48 MW and an investment of 2.7 trillion VND.

Phase 2 of Wind Power Plant V1-1 Tra Vinh is situated in Truong Long Hoa commune, Duyen Hai town. The project has a capacity of 48 MW and an investment of 2.5 trillion VND.

Phase 2 of Wind Power Plant V1-1 Tra Vinh will be implemented in 2025, while the remaining projects are expected to be operational by the fourth quarter of 2026.

Director of the Tra Vinh Department of Finance, Nguyen Van Phuong, said that the wind power projects in the province use land following the provisions of Point b, Clause 1, Article 126 of the Land Law and other relevant legal provisions.

Therefore, these projects fall under the category of land lease through a bidding process to select an investor.

Tra Vinh province now has five operational wind power projects with a total capacity of 322MW, which have been integrated into the national power grid. Four more wind power projects, with a total capacity of 344 MW, are under construction, with a target of completion and operation this year.

The province also has one operational solar power project with a capacity of 140MW and one biomass power project with a capacity of 25MW, which is currently under development./.

VNA
#Tra Vinh #wind power #wind power plant #solar power #energy Tra Vinh
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