The plant's ground-breaking ceremony. —  VNA/VNS Photo Huỳnh Sử

BẠC LIÊU — The Kosy Group, which operates in the fields of urban development and renewable energy, began the first-phase construction of a VNĐ8-trillion (US$345.15 million) wind farm in the Mekong Delta province of Bạc Liêu late last week.

Spanning 14ha in the communes of Vĩnh Thịnh, Vĩnh Mỹ A, and Vĩnh Hậu, the Kosy Bạc Liêu wind power plant consists of 45 turbines with a combined capacity of more than 200 MW.

In the first of the three-phase project, nine turbines, whose total capacity reaching 40 MW, will be built at a cost of more than VNĐ1.5 trillion.

According to the group’s CEO Nguyễn Việt Cường, the first-phase plant will be put into operation before October 30, 2021, capable of generating 115 million kWh of power per year. It is expected to rake in annual revenue of about VNĐ270 billion, contributing dozens of billions of đồng to the local budget, and create hundreds of jobs.

Speaking at the ceremony, Chairman of the provincial People’s Committee Dương Thành Trung said the project was in line with Việt Nam’s Master Power Development Plan VII as well as Bạc Liêu’s power plan and socio-economic growth orientations.

The official pledged to create the best conditions possible for the investor to effectively carry out the project. — VNS