Truong Thanh (TTA) plans to deploy 8 more renewable energy projects

Truong Thanh (TTA) plans to deploy 8 more renewable energy projects

Truong Thanh plans to submit to shareholders a plan to deploy 8 renewable energy projects including wind power, solar power, hydroelectricity and an eco-service urban project.

Truong Thanh Investment Construction and Development Joint Stock Company (Code: TTA) has just announced the document of the 2021 General Meeting of Shareholders scheduled to be held on April 27 in Yen Bai.

According to this document, in 2021, the enterprise sets a revenue target of VND 650 billion, an increase of more than 31% compared to that in 2020.

In the year 2021, the enterprise’s goal is to continue restructuring the entire company to stabilize its finance, prepare and deploy investment in strategic projects. At the same time, to maximize the capacity of the Ngoi Hut 2 hydropower plants, Ngoi Hut 2A, Pa Hu, the solar power plant of Bau Ngu lake and Nui Mot 1 lake.

In addition, TTA also plans to submit to shareholders a plan to deploy 9 power generation projects and urban eco-service areas.

Specifically, the Ho Nui Mot 2 solar power plant project with a capacity of 1,200 MWp in Phuoc Dinh commune, Thuan Nam district, Ninh Thuan province. The area of ​​land used is 98.08 ha, total investment capital is 2,100 billion VND. Currently, the project is in the additional stage of electricity development planning.

Thien Tan 2.1 (Tra Co) solar power plant project with a capacity of 50 MWp in the semi-submerged area of ​​Tra Co lake bed, Phuoc Tan commune, Phuoc Tien commune, Bac Ai district, Ninh Thuan province.

Land use area is 45 ha, total investment capital is 875 billion VND. Currently, the project is in the additional stage of electricity development planning.

Thien Tan 2.2 (Song Cai) solar power plant project with a capacity of 350 MWp at Song Cai lake bed, Phuoc Hoa commune, Bac Ai district, Ninh Thuan province with an area of ​​315 hectares, total investment capital of 6,125 billion copper. The project is in the additional stage of electricity development planning.

Phuoc Hoa Hydropower Plant Project with a capacity of 1,200 MW in Ninh Thuan, an area of ​​133.66 hectares with a total investment of more than 21,710 billion VND. Currently, the project is in the additional stage of electricity development planning.

Ho Nui Mot wind power plant project with a capacity of 100 MW in Phuoc Dinh commune, Thuan Nam district, Ninh Thuan province with an area of ​​45.9 hectares. Total estimated investment capital is 3,900 billion VND. The project is in the additional stage of electricity development planning.

Ho Bau Ngu wind power plant project with a capacity of 25.2 MW in Phuoc Hai commune, Ninh Phuoc district and Phuoc Nam commune, Phuoc Dinh commune, Thuan Nam district, Ninh Thuan province.

The area of ​​land used is 9.12 ha, investment capital is 1,047 billion VND. Currently, the project is in the additional stage of electricity development planning.

Phuoc Hai wind power plant project with a capacity of 36 MW in Phuoc Hai commune, Ninh Phuoc district and Phuoc Ninh commune, Thuan Nam district, Ninh Thuan province.

Land use area is 16.76 ha with investment capital of 1,342 billion VND. The project is in the additional stage of electricity development planning.

Vinh Hai wind power plant project with a capacity of 500 MW in Ninh Hai district, Ninh Thuan province with an area of ​​225 hectares, estimated investment capital is 22,000 billion VND. Currently the project is in the additional stage of electricity development planning.

And the eco-service urban area project south of Song Dinh in Phan Rang – Thap Cham city and An Hai commune, Ninh Phuoc district, Ninh Thuan province with a land area of 418 hectares, the project is in the stage of planning product sponsorship.

In 2020, TTA recorded revenue of nearly 496 billion dong, profit after tax reached more than 129 billion dong, up by more than 84 percent and nearly 71.3 percent compared to 2019.

The net revenue target exceeded the plan by more than 10%, while the after-tax profit target reached 92.3% due to some of the company’s power plant projects coming into operation in 2020 slower than expected.

P. Duong

Source: vietnambiz.vn – Translated by fintel.vn

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