Work begins on 345-million-USD wind farm in Bac Lieu

09:17 | 05/10/2020
The Kosy Group, which operates in the field of urban development and renewable energy, on October 3 kicked off the first-phase construction of a 8-trillion-VND (345.15 million USD) wind farm in the Mekong Delta province of Bac Lieu.
work begins on 345 million usd wind farm in bac lieu
At the ceremony (Photo: VNA)

Bac Lieu – The Kosy Group, which operates in the field of urban development and renewable energy, on October 3 kicked off the first-phase construction of a 8-trillion-VND (345.15 million USD) wind farm in the Mekong Delta province of Bac Lieu.

Spanning 14 ha in the communes of Vinh Thinh, Vinh My A, and Vinh Hau, the Kosy Bac Lieu wind power plant consists of 45 turbines with a combined capacity of over 200 MW.

In the first of the three-phase project, nine turbines, whose total capacity reaches 40 MW, will be built at a cost of more than 1.5 trillion VND.

According to the group’s CEO Nguyen Viet Cuong, the first-phase plant will be put into operation before October 30, 2021, capable of generating 115 million kWh of power per year on average. It is expected to rake in annual revenue of about 270 billion VND, contribute dozens of billions of VND to the local budget, and create hundreds of jobs.

Speaking at the ceremony, Chairman of the provincial People’s Committee Duong Thanh Trung said the project is in line with Vietnam’s Master Power Development Plan VII as well as Bac Lieu’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.

VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional

Based on MasterCMS Ultimate Edition Ver 2.9 2020