The Dak Lak provincial People’s Committee has granted in-principle investment approval to two wind energy project, expected to cost over 2.21 trillion dong (US$96 million).
Dak Lak is located in Vietnam’s Central Highlands region and borders northern Mondulkiri province’s Koh Nhek district in Cambodia. It boasts a range of cultures belonging to more than 40 ethnic minorities.
Financed by Singapore’s VNM Investments Pte Ltd, the two plants have a combined design capacity of 70MW, according to the provincial Department of Planning and Investment.
The 20MW-Alpha VNM plant, valued at 650 billion dong, will be developed in three communes of Ea Sol, Dlie Yang and Ea Hiao on an area of nearly 6.5ha.
Meanwhile, the 50MW-Beta plant will cover 10.9ha in eight communes of Dat Hieu, An Binh, Doan Ket, Thong Nhat, Binh Tan, Cu Bao, Ea Ngai and Ea Tul with a cost of 1.56 trillion dong.
With attractive investment attraction policies and favourable natural conditions, Dak Lak has become a destination for many solar and wind power projects.
Businesses have to date registered to pump investment into 29 solar power projects in the province with a total capacity of 11,500MWp. Ten of the total have received the go-ahead from local authorities with a total capacity of 960MWp.
Meanwhile, 47 wind power projects have registered in the locality thus far with a total capacity of nearly 10,000MW.
In the future, Dak Lak will strive to become the second solar power capital of the country, only after Ninh Thuan province, turning this place into a renewable energy “battery” of the Central Highlands, baodautu.vn reported.
According to local authorities, investors coming to the province would access transparent information and given enthusiastic and professional support because it always kept in mind how both businesses and localities would benefit.
VIET NAM NEWS/ASIA NEWS NETWORK