Nearly USD 12 billion proposed for Ke Ga wind power plant development

12/12/2018, 10:16

BTO – Recently, the Vietnam Association of Energy has coordinated with Enterprise Energy Company to hold a workshop on “Ke Ga offshore wind power project: a breakthrough for Vietnam’s economy”. At the event, the investors showed their interest and proposed a designed capacity of 3,400 MW and required investments of nearly 12 billion USD.

Wind Power project in Binh Thuan province

Earlier on November 25th, 2015, Prime Minister has had decision No.2068/QD-TTg on approving Vietnam renewable energy development by 2030, a vision toward 2050, which encourages and foster the development and sources of renewable energy, reducing fossil energy, contributing to securing energy and environmental protection for the sake of socioeconomic development.

According to the UK’s Enterprise Energy investor, Ke Ga offshore wind power project will be developed in 600-megawatt phases. It will use 9.5 megawatt wind turbines initially, and more powerful ones are expected over time. It will be carried out on an area of nearly 2,000 square kilometers, 20 kilometers offshore Ke Ga cape. At the same time, the project is expected by investors to create a new breakthrough for wind power development in Vietnam. Under an agreement inked with its Vietnamese partners- Petroleum Equipment Assembly & Metal Structure (PVC-MS) and Vietnam-Russia Oil and Gas Joint Venture (Vietsovpetro), the two Vietnamese firms are in charge of the project’s design, construction, installation of offshore power transformation stations, and connection of underground cable and transmission grid.

Meanwhile, Mitsubishi Vestas Offshore Wind, a joint venture of Vetas Wind System A/S and Mitsubishi Heavy Industries Ltd, will supply wind turbines. 

According to Binh Thuan Department of Industry and Trade, the provincial People’s committee has approved surveys and additional plans for renewable energy development projects in the locality. Accordingly, there are 5 projects granted with intention investment Decision, covering a total area of 340 hectares, with a total capacity of 177.48 MW, and a capital investment up to VND 6,981 billion.

Translated by My Thien (Source: Investment Newspaper)


Related articles

(0) Comments
Focus
The Beauty of Hòn Cau Island
March signals the perfect time for a visit to Hòn Cau Island (Phước Thể, Tuy Phong) as the weather transitions and the golden sunlight bathes the island. Located about 110 km from Phan Thiết, Cù Lao Câu is a pristine, uninhabited island that has become a nature reserve, home to rare sea turtles.
Do not miss
  • The King Has Fallen: Man Utd Crash Out of FA Cup
    25 yesterday Sports
    Recently, Manchester United’s FA Cup title defense came to a crushing end as Fulham stunned the Red Devils in a dramatic penalty shootout to secure their place in the quarterfinals. Heading into the fifth-round clash at Old Trafford,...
  • Sunset Slope: Phan Thiet’s Hidden Gem for Breathtaking Views
    27 yesterday LANDSCAPES
    BTO – Still in the heat of the first two lunar months, Sunset Slope on Co Mountain has become a renowned sunset-watching spot in Phan Thiet. Located in Phu Hai Ward, this stunning location offers breathtaking views of the mountains...
  • Victory Seals the Throne
    one month ago Sports
    BTO-After suffering a loss in the first leg at home last week, Manchester City finds itself in a tough spot in its quest for a spot in the Champions League Round of 16 against Real Madrid. This defeat marked their first loss to Madrid...
  • Tough game Alonso!
    one month ago Sports
    BTO-The Round 22 Bundesliga showdown between Bayer Leverkusen and Bayern Munich was one of the most anticipated of the season. On one side, there were the defending champions, and on the other, the league leaders. Bayern entered the...
  • Back to the Top for Barcelona
    one month ago Sports
    BTO-Before taking on Rayo Vallecano, Barcelona had the chance to claim the top spot in La Liga after both Real Madrid and Atletico Madrid were held to 1-1 draws in Round 24 (Real drew with Osasuna, Atletico drew with Celta Vigo). The...
  • Bayern Munich's Roar
    one month ago Sports
    Bayern Munich were strong favorites against Celtic in their Champions League play-off. Despite being the away team, Vincent Kompany's side comfortably won 2-1, securing an advantage for the return leg at Allianz Arena.
  • Binh Thuan: 7 OCOP 4-star products recognized and re-recognized
    one month ago Business
    BTO – Binh Thuan provincial People's Committee has lately approved the evaluation results and issued certificates for 7 products in the first and second batches of 2024 for OCOP 4-star products.
  • Binh Thuan’s dragon fruit on display at an exhibition in Germany
    one month ago Business
    BTO- Binh Thuan dragon fruit will be present at the Fruit Logistica Berlin fruit and vegetable exhibition took place in Germany from February 5 to 7, 2025.
  • Red and Blue: Manchester’s Double Disaster
    one month ago Sports
    BTO-Recently, the two “powerful” football teams from the country of Man UTD and Man City both endured heavy defeats. MU lost at home to Crystal Palace with a score of 0-2. Meanwhile, Man City was hammered 5-1 by Arsenal on their ground....
  • Binh Thuan welcomed around 220,000 visitors during the Tet holiday
    one month ago Travel
    BTO-According to the Department of Culture, Sports, and Tourism of Binh Thuan, the province received approximately 220,000 visitors during the 9-day Lunar New Year holiday, marking a 10% increase compared to last year’s traditional...
  • A New Rising Star
    2 month ago Sports
    BTO-Joao Fonseca, a tennis player ranked 145th in the ATP standings, has caused a stir in the global tennis community after winning the 2024 Next Gen ATP Finals with the lowest ranking among the players in the tournament. With a mature,...
  • The Fall of the Giants
    2 month ago Sports
    BTO-Both "giants" Liverpool and Arsenal recently played their Carabao Cup semi-final first-leg matches. While Liverpool faced Tottenham, Arsenal hosted Newcastle. Both teams suffered defeats—Liverpool lost 0-1 to Tottenham, and Arsenal...
  • A Precious Point at Anfield
    2 month ago Sports
    On the last day of 2024, Manchester United suffered a 0-2 defeat against Newcastle at "The Theater of Dreams," Old Trafford. This was their fourth consecutive loss in the Premier League. The "curse" seemed far from over for Man Utd...
  • Lionel Messi Honored with the Presidential Medal of Freedom
    2 month ago Sports
    BTO-In the early days of 2025, Lionel Messi received a prestigious honor when U.S. President Joe Biden awarded him the Presidential Medal of Freedom. This civilian award, the highest in the United States, might have been a surprise,...
  • Time to back “home” Amorim!
    2 month ago Sports
    BTO-Under Ruben Amorim, Sporting Lisbon achieved a perfect start in the Portuguese Primeira Liga, winning their first 12 matches and holding the top spot for over four months. However, after Amorim left Lisbon, both he and his former...
  • Thank You, Xuan Son!
    2 month ago Sports
    Two days have passed since the Vietnamese national football team clinched the ASEAN Cup title after defeating Thailand in both legs of the final. The victory’s echo still resonates in the hearts of every Vietnamese. Amid the joy of...
  • La Ngau People Venture into Tourism
    2 month ago Travel
    BTO - Recently, Tanh Linh has been in the rainy season; however, community-based rural tourism spots in La Ngau commune still attract visitors, especially on weekends, thanks to the rain's variability.
  • Lunar New Year 2025: Mui Ne ranked among Top 10 Favorite Domestic Destinations for Vietnamese Travelers
    3 month ago NEWS
    BTO-Booking.com, a leading global online travel platform, has just announced the top 10 domestic and international destinations favored by Vietnamese travelers for the Lunar New Year 2025. Mui Ne (Binh Thuan), renowned for its premium...
  • Phan Thiet saw a great number of Tourist arrivals  in 2024
    3 month ago Travel
    BTO – The number of tourist arrivals to Phan Thiet has significantly increased by 10 percent compared to the previous year. Particularly, the locality has welcomed approximately 6.8 millions turns of visitors, including about 350.000...
  • A New Race Begins
    3 month ago Sports
    BTO-“I grew up in a poor rural area, where life was full of challenges and hardships. And yet, here I am now, standing here, with this great award and joy!” Vinicius Jr spoke these heartfelt words during the 2024 FIFA The Best Awards...
POWERED BY ONECMS - A PRODUCT OF NEKO
Nearly USD 12 billion proposed for Ke Ga wind power plant development