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

Wind Power project in Binh Thuan province

Earlier on November 25^th, 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)