Economy
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Contracts worth $286.3 million inked at Việt Nam Int’l Defence Expo 2024
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| Delegates attend to the groundbreaking ceremony for two wind power plants in Quảng Trị. — VNA/VNS Photo |
QUẢNG TRỊ — Construction on two wind power plants with a combined value of more than VNĐ2.31 trillion (US$104 million) began in Hướng Hóa District, Quảng Trị Province on Thursday.
Financed by Gelex Energy Ltd Co under the Vietnam Electrical Equipment Joint Stock Corporation, the plants have a total capacity of 50MW.
The Hướng Phùng 2 plant, valued at more than VNĐ932 billion, has a designed capacity of 20MW with six turbines. Meanwhile, the Hướng Phùng 3 plant which costs more than VNĐ1.38 trillion has a designed capacity of 30MW with nine turbines.
Both plants are scheduled to begin generating electricity in the first quarter of 2021. They are expected to contribute some VNĐ50 billion to the State budget each year.
In his speech at the groundbreaking ceremony, Vice Chairman of the provincial People’s Committee Nguyễn Quân Chính spoke highly of Quảng Trị's great potential for wind energy, saying the province has been reforming administrative procedures and improving the investment environment to attract more investors to renewable energy projects in the locality.
Both plants are scheduled to begin generating electricity in the first quarter of 2021. They are expected to contribute some VNĐ50 billion to the State budget each year.
In his speech at the groundbreaking ceremony, Vice Chairman of the provincial People’s Committee Nguyễn Quân Chính spoke highly of Quảng Trị's great potential for wind energy, saying the province has been reforming administrative procedures and improving the investment environment to attract more investors to renewable energy projects in the locality.
According to Chính, eight more wind power projects are slated to be launched in the future, helping turn Quảng Trị into a renewable energy hub in the north-central region. VNS
