Udupi power project

At the ceremony to grant investment certificate to the investor of O Mon II Thermal Power Plant The thermal power project, a joint venture between Vietnam Trading Engineering Construction Joint Stock Company (Vietracimex) and Japanese Marubeni Corporation, is the largest ever foreign direct investment (FDI) project in Can Tho. The plant, located at the O Mon Power Centre in Phuoc Thoi Ward, O Mon District, Can Tho City, was approved by the Prime Minister in late 2020. It is expected to meet the electricity supply to the regional power grid and the national power system, contributing to attracting domestic and foreign investment and promoting socio-economic development of Can Tho and the Mekong Delta region. The project has a projected capacity of 1,050MW with investment of US$1.3 billion. With this project, Japan has become the largest investor in Can Tho. Can Tho currently has 85 FDI projects with total registered capital of about US$2 billion, including seven projects … [Read more...] about Can Tho receives largest ever FDI power project worth US$1.3 billion

As many as 22 wind power projects with a combined capacity of 907 MW are set to be put into operation in the central province of Quang Tri by the year end. (Photo: VNA) Quang Tri (VNA) – As many as 22 wind power projects with a combined capacity of 907 MW are set to be put into operation in the central province of Quang Tri by year end. National Highway 9 and other routes to facilitate project equipment transportation. Ministry of Industry and Trade had approved 31 wind power projects in Quang Tri to date, with an accumulative capacity of 1,177 MW, of which seven are under construction. VNA … [Read more...] about Tens of wind power projects to be operational in Quang Tri

A wind power project in Gia Lai. — Photo gialai.gov.vn The Hapaco Group JSC is planning to invest VND4 trillion (US$174.1 million) in a wind power project in the Central Highlands province of Gia Lai. The project is among those to be submitted for approval at the group’s annual shareholders’ meeting, which is slated for March 14. The meeting will also discuss investment in building a 23-ha care centre for the elderly in the northern city of Hai Phong City’s Thuy Nguyen District as well as Hapaco’s new development orientations in social housing and guest worker services. Hapaco (stock code HAP) was one of the first listed on local stock market. As of December 31 last year, its total assets exceeded more than VND808 billion. Last year, the group reeled in VND335 billion in revenue, a yearly decrease of 11 per cent. Its after-tax profit, meanwhile, hit VND34.3 billion, up 69 per cent year-on-year. — VNS … [Read more...] about Hapaco eyes investment in VND4-trillion wind power project

Illustrative image (Photo: VNA) Hanoi (VNA) – The La Gan wind power project , with an estimated capacity of nearly 3.5 GW, is being developed by Copenhagen Infrastructure Partners (CIP), Asiapetro and Novasia off the coast of the south central province of Binh Thuan. It is expected to generate electricity for over 7 million households each year. According to the BVG Associates, the project will create over 45,000 full-time equivalent (FTE) jobs and contribute over 4.4 billion USD to the economy during the course of the project. The total rate of locally-made components will account for about 45 percent of the supply chain of the project. As the project will be carried out for many years, more opportunities will be given to Vietnamese contractors to join the supply chain . Since the signing of a memorandum of understanding with the provincial People’s Committee in July 2020, the project has achieved significant progress, including preparing for a field survey … [Read more...] about La Gan wind power project to benefit over 7 million households

Illustrative image (Photo: VNA) Hanoi (VNA) - The Hapaco Group JSC is planning to invest 4 trillion VND (174.1 million USD) in a wind power project in the Central Highlands province of Gia Lai. The project is among those to be submitted for approval at the group’s annual shareholders’ meeting, which is slated for March 14. The meeting will also discuss an investment in building a 23-ha care centre for the elderly in the northern city of Hai Phong’s Thuy Nguyen district as well as Hapaco’s new development orientations in social housing and guest worker services. Hapaco (stock code HAP) was one of the first listed on Vietnam’s stock market. As of December 31 last year, its total asset exceeded more than 808 billion VND. Last year, the group reeled in 335 billion VND in revenue, an annual decrease of 11 percent. Its after-tax profit, meanwhile, hit 34.3 billion VND, up 69 percent on-year./. VNA … [Read more...] about Hapaco eyes investment in 4-trillion-VND wind power project