Vietnam announces wind power projects for master energy development planning

Southwest tops the list of wind power projects to be included in the power master plan.

The government of Vietnam on June 25 announced a list of wind power projects and grids to be considered for inclusion in the revised power master planning.

Vietnam PM, announce, wind power project, planning, Nguyen Xuan Phuc  Vietnam's wind power has received more investment over the last years

Under Dispatch No.795/TTg-CN, the list entails name, location, capacity, connection plans and conditions to release capacity of each project, according to Duane Morris LLP, a US-based a law firm providing innovative solutions to today’s legal and business challenges.

The projects, with total capacity of 6,977 megawatts (MW), are located in five regions, namely the Southwest region, the Central Highlands, the North Central region, the South Central region, and the Southeast region.

Among them, the Southwest region, which embraces Bac Lieu, Ben Tre, Soc Trang provinces, has the highest number of projects with 3,166.8 MW waiting to be included in the power master plan.

The runner-up is the Central Highlands (Gia Lai, Dak Lak, Dac Nong provinces) with 2,432 MW. Next is the North Central region with 941.2 MW of wind projects concentrated mostly in Quang Tri province.

Meanwhile, all wind power projects in the South Central region are located in Ninh Thuan province. The South East region has only one project namely Cong Ly Ba Ria Vung Tau project to be considered for inclusion.

Dispatch 795 is expected to serve as a basis for the supervision of investment/construction process of wind power projects, so that these projects can quickly go into operation, supplement the electricity supply for the country and combat electricity shortages.

According to Duane Morris, the official list of projects to be included in the master plan also helps to combat bribery/corruption among developers and relevant authorities – the latter enables low quality projects to be connected to the national grid, thus subsequently damaging the infrastructure of the distribution system and creating financial loss for the buyer and consumers.

The Ministry of Industry and Trade is responsible for making sure wind power projects and power grids connected to the national electricity system to be appraised in accordance with laws and can contribute to common economic efficiency.

The ministry must also ensure there will be no overload of power grid these projects are put into operation.

News Related

OTHER NEWS

COVID-19 a once-in-a-century opportunity to boost digital transformation

Minister of Information and Communications Nguyễn Mạnh Hùng (left) looks at digital technologies on display. — File Photo HÀ NỘI — The COVID-19 pandemic was offering a once-in-a-century opportunity for Việt Nam to... Read more »

Vietnamese firm to export electric motorbikes to Cuba

Vietnamese electric motorbike manufacturer PEGA has recently signed contracts with a value of nearly 3 million USD to export two types of electric motorbikes to Cuba after its partner in the Caribbean nation... Read more »

Thai firm buys two wind power farms in VN

A power plant owned by Gulf Energy Development PLC in Thailand. The company announced that it has entered into a share purchase agreement with Điện Xanh Gia Lai Investment Energy Joint Stock Co... Read more »

Local gold prices reach a new record high

Gold buyers at Bảo Tín Minh Châu Gold Firm in Hà Nội .The prices increased to their highest rate on July 7. — VNA/VNS Photo HÀ NỘI — Local gold prices kept soaring... Read more »

IFC lends Ho Chi Minh City-based property firm $75mn to recover from COVID-19

The International Finance Corporation (IFC), a member of the World Bank Group, announced on Monday it is providing a financing package of US$75 million to Phu My Hung Development Corporation to help sustain... Read more »

RMIT continues to shapes its positive image through world academic rankings

RMIT University (Australia) has ranked 223rd globally in the latest QS World University Rankings of 2020 - an increase of 15 places from 2019 and 68 places since 2014. Read more »

McKinsey & Fitch Ratings highly appreciate Vietnam’s economic resilience

According to McKinsey, Vietnam’s domestic economy is set to return to growth, but not until the global economy bounces back. Meanwhile, Fitch Ratings says that Vietnam is stand out among Asia’s frontier and... Read more »

Vietnam gears up to export electric motorbikes to Cuba

-Vietnamese electric motorbike manufacturer PEGA has completed the signing of contracts to export two types of electric motorbikes with a value of approximately US$3 million to Cuba after its partner in the Caribbean... Read more »

Nearly US$7 million of public investment disbursed in six months

Disbursement of public investment in the first six months of 2020 amounted to nearly VND156 trillion (US$6.73 million), fulfilling 33.1% of the plan set by the National Assembly and the Prime Minister, higher... Read more »

Teleconference seeks partners in support industry products

A teleconference took place on July 7 with the aim of supporting local businesses seek partners to co-operate in outsourcing, producing, and exporting local support industry products to the Japanese market amid the... Read more »