Economy
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| A wind power farm in Cà Mau. —VNA/VNS Photo |
HÀ NỘI — The southern province of Cà Mau has granted in-principle approval for a wind power project worth nearly VNĐ3.93 trillion (US$152 million), with construction expected to take 36 months.
The Ngọc Hiển-Tam Giang Tây project will span the communes of Tân Ân, Tam Giang, Năm Căn and Đất Mới, covering 11.75ha, according to the provincial People's Committee.
The project will comprise 12 wind turbines, each with a capacity of about 8.5 megawatts, giving it a total capacity of approximately 102MW.
Huỳnh Chí Nguyện, vice chairman of the People's Committee, has instructed the Department of Agriculture and Environment to work with relevant agencies on land allocation, land leasing, the allocation of sea areas and environmental protection procedures.
The project will have a 50-year operating term from the date its investment policy is approved and will be eligible for incentives and support in accordance with applicable regulations, provincial authorities said.
Cà Mau is prioritising offshore and nearshore wind power development to supply electricity to the national grid, strengthen energy security and support local economic growth, with a longer-term ambition to export energy.
Tô Minh Đương, deputy director of the provincial Department of Industry and Trade, said Cà Mau was implementing 34 wind power projects with a combined capacity of 2,309MW. Of these, 18 projects, totalling 1,256MW, had received investment policy approval.
Three more projects with a combined capacity of 300MW are expected to begin operations by the end of 2026, Dương said.
The province also plans to begin construction on 11 wind power projects with a combined capacity of 744MW, while proceeding with investment policy approvals and investor selection for another 22 projects totalling 1,393MW. — VNS